Sugar stocks crash up to 5% as India allows duty-free imports for first time in nearly a decade
Dalmia Bharat Sugar, Dwarikesh Sugar and Balrampur Chini Mills led the losses after the government allowed duty-free imports of 1 million tonnes of raw sugar until October 31, seeking to boost supplies and cool record-high domestic prices.
Dalmia Bharat Sugar, Dwarikesh Sugar and Balrampur Chini Mills led the losses after the government allowed duty-free imports of 1 million tonnes of raw sugar until October 31, seeking to boost supplies and cool record-high domestic prices.
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