NCDEX mustard up on short covering, export demand.
Ram Gopal Yadav (9 years ago)

Futures contracts of mustard seed on NCDEX rose due to short covering by traders as prices declined in the last two trading sessions. The most-active November contract was up 0.6% from previous close. Expectations of higher mustard meal exports during September is likely to support mustard seed prices.

Brazilian cane crush, sugar output down in late September -Unica.
Ram Gopal Yadav (9 years ago)

Mills in centre-south region crushed 40.3 million metric tonne of cane during the second fortnight in September, down 5.2% from the same period a year earlier. During the period, they produced 2.9 million metric tonne of sugar and made 2 billion liters of ethanol. Brazil is the world’s largest producer of the sweetener and its centre-south region produces 90% of the country’s sugar.

Cane crushing in Uttar Pradesh seen delayed on low sugar recovery.
Ram Gopal Yadav (9 years ago)

Mills in Uttar Pradesh are likely to delay crushing operations for 2017-18 (Oct-Sep) season to the last week of October due to poor sugar recovery from cane. Immediate start of sugarcane crushing seems bleak. It is highly unlikely as the sugar recovery is very low currently. The average sugar recovery in west Uttar Pradesh is coming out to be only 7%. The average sugar recovery from cane in Uttar Pradesh was at 10.61% in 2016-17.