NEWS AND PRICES

London No 5 (08/09/2011) Symbol Last Chg Vol Oct '1 763.00 +7.40 6243 Dec '1 708.50 -1.60 4115 Mar '2 702.00 -0.30 1228 May '2 691.10 -1.10 313 Aug '2 670.00 +2.20 103 New York No 11 (08/09/2011) Symbol Last Chg Vol Oct '1 28.73 +0.32 57587 Mar '2 27.79 +0.01 48229 May '2 26.46 +0.02 8277 Jul '2 25.19 +0.02 2845 Oct '2 24.48 +0.02 895
PRESS NEWS:   ·         U.P. delay hits ethanol blending plan                                                              ·         Maharashtra Sugarcane crushing: Meeting today to fix first advance ·         UP cane growers seek more sugar exports ·         Cane farmers demand more export of sugar ·         Time Ripe for Higher Export of Rice, Wheat & Sugar: Secretaries Panel ·         5 lakh tonne of more sugar export notified ·         The glass is still half empty for sugar ·         Jute Industry under CCI lens for alleged cartelisation ·         India’s sugar output may rise to 26 mt ·         Sugar Firms: Not so sweet ·         Govt. may extend stock limit on pulses, edible oil ·         Maharashtra to give guarantees for pre-seasonal loans to 18 sugar co-ops               MARKET REVIEW ·         Sugar prices soften as transporters’ stir ends                                                                                                                                                 SPECIAL ARTICLE ·         A Bitter Sugar Industry cries for deregulation FOREIGN NEWS ·         Global sugar prices may drop 22% ·         Indonesia may Miss sugar estimate on excess rains                                                                                                                                                                          INTERNATIONAL SUGAR SITUATION International sugar prices have made some appreciable gains during the last Week.  – The LDP for white sugar for October, 2011 closed for the week  at $786.90 per MT., up by US $ 43.40 per metric ton from Last week.