LIVE MARKET UPDATE

Thursday 18 December 2014

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Sugar stocks are in focus as production rose by 47 percent to 42.25 lakh tonnes till December 15 of this marketing year, which started in October this year, leading to a fall in ex-factory prices of the sweetener. Sugar production of India, the world's second largest producer and biggest consumer, stood at 28.77 lakh tonnes in the year-ago period. "Sugar production upto 15th December 2014, in the current 2014-15 sugar season is 42.25 lakh tonnes," Indian Sugar Mills Association (ISMA) said in a statement.


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