The government has said that this mandatory weekly stock disclosure for these entities is another proactive step in Government of Indias efforts to maintain a balanced and fair sugar market.
"This mandatory weekly stock disclosure for these entities is another proactive step in the Government of India s efforts to maintain a balanced and fair sugar market. By preventing hoarding and speculation, GoI is aiming to ensure that sugar remains affordable for all consumers. This proactive measure empowers regulatory authorities to closely monitor stock levels and take prompt action against any potential market manipulation," the government release said.
Increased sugar prices and expanding ethanol volumes, according to the brokerage s analysis, will result in considerable increases in sugar producers profitability, , sugar stocks, investment, trading, stockmarket