• Quotes

  • NAVs

  • News

  • Messages

  • Opinions

  • Notices

  • Videos

Feedback
Make this your Home
Search: Messages    Stock    Boarder
 
Post a Message | Explore Forums  |  Browse Stock Messages  |  Hot Discussions  | Top rated Messages  | Top Boarders
Moneycontrol.com >> Messageboard >> Reply to the Message
   You are here :     Moneycontrol     MMB   Reply to the Message
  Here you can reply to the message shown by typing in the input box.
  Balrampur Chini   (Stocks)  
Agriculture Minister to intervene
News reports in Business Standard today report that the Agriculture Minister will hold a meeting with the Uttar Pradesh sugar manufacturers and representatives of cane growers to end the imp0asse on prices and supply of can.
The mills are ready to begin crushing ops but the farmers are demanding a price of Rs 280 per quinral which the mills are not agreeable to pay. The standoff is affecting everybody concerned as the sugarcane loses its sucrose content if not crushed at the right time. The nation is badly in need of sugar as the demand is far in excess of the production. By the delay it is the farmer also who loses. Political parties have all taken sides with the farmers as they find this as an opportunity to win brownie points.
The political parties fuel such demands as they feel that the mills are earning exorbitant profits with sugar prices ruling at Rs 40 per kg in the wholesale markets.
The faster this issue is resolved will benefit all parties concerned.
The problem does not exist in Maharashtra where the sugar mills have paid a reasonable price to the farmers and have started crushing already.
Sugar companies are therefore politically sensitive stocks and their share prices factor in this element.		   
Posted By     cmet

Reply to the Message
Message Type :      Message     Query     Greviance
characters left                       
  MMB code of conduct
  We request you to follow ethical standards in your posts.
  Please ensure that your post
 
•  Is not libelous. Please differentiate between your feelings, judgments and generalization . In case you want to make a serious allegation do substantiate it [about any person/ company/ entity] .
•  Please do not post confidential, classified insider information about any company or entity
•  Do not make rude or insensitive remarks against a community, race or caste, religion or gender
As you know one may face legal action by revealing insider information or making unsubstantiated, libelous allegations against a company/ entity . Should there be a court order or legal action against any post violating the law of land, we will comply with the court judgment which includes, deleting your message, banning you from MMB, sharing your IP address to the investigating authorities etc [as specified in the law/Order].

-MMB Moderator

Homa Mantra
Lakshmi
Kubera Pooja
Kubera Gaayatri
Kubera Dhyaan

What the stars foretell

Bejan Daruwala

Ganeshaspeaks: Market prediction for Nov 26

View all astrologers

India over 10 years

See whats improved/ worsended

FII Investments »
FDI »
Exports »
Imports »
GNP »
See all »

Poll 

Will you sell Mah Satyam after CLSA’s exit call to investors?

Yes No
Can't Say  
 
View Result  5 comments read all
To SMS your queries to us Type YS < Your query > SMS to 51818
Stocks to be discussed next:
|  ABG Shipyard |  Bajaj Hindustan |  Jaiprakash Asso |  JSW Steel |  Suzlon Energy |  Patni Computer |  Unitech 
 view all queries »
Boarder Circle
Platinum
Gold
Silver
Newbie
Popular Boarders 7days
MALAYALI
273
joetom
253
KotakInvestment
235
hindlevernet
162
India_bulls
154
All Time
more
Top Tracked 7days
KotakInvestment
1311
joetom
1022
India_bulls
987
marketman
843
flashstock05
823
All Time
more
Prolific Boarders 7days
hsnmf
965
dipakgod
399
radhika_nandlal
360
tara23
306
All Time
more