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Tag Archives: Asian and African refineries

Sugar Stocks Gain on CCEA Nod For Export Subsidy

Shares of sugar manufacturers were trading higher on Friday, outperforming the markets after the government approved subsidy for exporting sugar. The cabinet approved subsidy of upto Rs 4000 per tonne on exporting sugar upto 1.4 million tonnes. Mills in India, the world’s biggest sugar consumer, lobbied the government to agree export incentives to help cut large stockpiles after lower world ... Read More »