Govt extends stock limit on sugar traders till December

01.11.2017

"Stock limit on dealers of sugar extended up to December 31, 2017 to ensure smooth supply of sugar in market at reasonable prices," the Department of Food said in a tweet.

The government extended stock limit on sugar traders by another two months till December 2017 to keep prices under control.

"Stock limit on dealers of sugar extended up to December 31, 2017 to ensure smooth supply of sugar in market at reasonable prices," the Department of Food said in a tweet.

"Stock limit for sugar dealers shall be 10,000 quintals in Kolkata and extended region and 5,000 quintals in other places," it said.

The country's sugar output fell to around 20 million tonnes in the 2016-17 season (October-September) as against 25 million tonnes in the previous year.

Production is estimated to bounce back to 24-25 million tonnes in the 2017-18 marketing year.


moneycontrol

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