Traders want sugar to be out of GST ambit

Source: https://indianexpress.com In a letter to Union Minister for Finance Arun Jaitely, the Bombay Sugar Merchants Association Limited has urged that sugar prices and the trade itself would be disrupted if sugar is brought under GST As India gets ready for the roll out of the Goods and Services Tax (GST), sugar merchants have asked…

Sugar price not increased: No effect on tea and bakery products

Source: https://www.news.lk The price of sugar in the retail market will not be increased due to the recent tax increase of Rs. 10. 00, DG of Department of Development and Finance, Ministry of Finance said.  He stated this addressing a press conference yesterday (13th June) at the Department of Government Information. According to the Chairman,…

Trade Organization Warns The Market To Curb Its Enthusiasm

We are all consumers of sugar, but many of us do not think about the price on a daily basis or in most cases, at all. Sugar is a condiment in restaurants, and they offer it to customers free of charge. We consume sugar, which is an ingredient in many if not most of the…

Agriculture ministry must address sugar problems

Source: https://www.nation.co.ke In Summary Agriculture, Livestock and Fisheries Cabinet Secretary Bett has the duty to stabilise the retail price of sugar in the short-term and ensure steady supply in the market. Together with his technocrats at the ministry, he must address the fundamental problems that have perennially dogged sugar production and supply. They must weed…

Smuggling two packs of sugar a day is better than college students! Domestic sugar prices complained, the Ministry of Commerce to

Source: http://www.bestchinanews.com The foreign price of a LV bag may be only half of that in the country, and it is two times more expensive to eat one kilogram of pork at home than in foreign countries…… Due to factors such as country of origin, natural endowments, import tariffs and so on, many commodities are…

Sugar sector to experience chronic crisis

Source: https://dailytimes.com.pk ISLAMABAD: The sitting government will be facing a chronic sugar sector crisis in the coming months because of record sugar production of 7.1 million metric tonnes for the first time in the history of Pakistan during the crushing season of 2016-17. The current status is that the country has a surplus of 1.8…

Sugar sector to experience chronic crisis

Source: https://dailytimes.com.pk ISLAMABAD: The sitting government will be facing a chronic sugar sector crisis in the coming months because of record sugar production of 7.1 million metric tonnes for the first time in the history of Pakistan during the crushing season of 2016-17. The current status is that the country has a surplus of 1.8…

Minnesota’s sugar growers mostly keep their sweet deal

by Minnpost Across many industries, from automaking to food processing, the United States and Mexico enjoy a closely intertwined, friendly trade relationship, thanks to the North American Free Trade Agreement. When it comes to the sugar trade under NAFTA, though, ties between the U.S. and Mexico are anything but sweet. For years, the U.S. sugar…

After U.S. trade negotiations with Mexico, Minnesota’s sugar growers mostly keep their sweet deal

Source: https://www.minnpost.com Across many industries, from automaking to food processing, the United States and Mexico enjoy a closely intertwined, friendly trade relationship, thanks to the North American Free Trade Agreement. When it comes to the sugar trade under NAFTA, though, ties between the U.S. and Mexico are anything but sweet. For years, the U.S. sugar…

Global Commodities Weekly Roundup: June 15

Source: https://commodityhq.com CommodityHQ.com provides weekly information about any material impact of a major economic, corporate and/or geopolitical event on the global commodities market. The report also analyzes the weekly change in prices of the major commodity futures and commodity focused ETFs as a result of market changing events and trends. This report covers events and…