[Latest News][6]

Best Stock Advisory Company in Indore
Best Stock Option Tips Provider
Budget 2018
Call Put Option Tips
Commodity Market Tips
Commodity Tips
F&O Tips
Indian Stock Market Tips
MCX Tips
Mcx Trading Tips
NCDEX tips
Nifty Future Tips
Nifty Option Tips
NSE BSE stock
NSE BSE stock Market
Option Tips
Option Trading Tips
Share Market Tips
Stock Market Tips
Stock Option Market Tips
Stock Option Tips

We Expect Sugar Prices To Trade Sideways by Ripples Advisory Pvt Ltd

Sugar Futures closed lower on Monday on reports that UP sugar mills selling large volumes of sugar in the physical market while government is considering cut of sugar import duty. The All India Sugar Trade Association has sought duty-free import of 1.0-1.5 mt of sugar to improve domestic supplies to reduce prices further in the physical market. India's domestic consumption of sugar is expected to fall 3.0-3.5% to around 24 mt in the current season ending September. Bulk consumers including soft drink manufacturers, bakeries, confectioners and restaurants account for 60-70% of the country's sugar demand.

Raw sugar futures on ICE closed lower on Monday due to long liquidation by investors had been weighing on the market against the backdrop of an anticipated global surplus in the 2017/18 season. As per US government data (CFTC), Speculators reduced a bullish position in raw sugar to a more than one-year low on ICE Futures U.S. in the week to March 21.

Nothing in any business is Risk Free but in Stock Market we can make you to work with lesser risk to make it happen what you want with simple click here >> http://www.ripplesadvisory.com/nifty-future-.php

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Start typing and press Enter to search