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Molasses Prices

Dec 30, 2011 at 16:36 | Source: CNBC-TV18
Its new year cheers for Mundra Ports. It has emerged as the highest bidder for handling port project in Kandla port, price bids for which were opened earlier today. CNBC-TV18s Archana Shukla reports on the details quoting sources.
Feb 15, 2011 at 11:49 | Source: CNBC-TV18
In an interview to CNBC-TV18, Ravi Nedungadi, President and CFO of the company said that strong volume growth aided sales this quarter. The company is optimistic that they will be able to maintain double-digit growth.
Nov 19, 2010 at 13:15 | Source: CNBC-TV18
Globus Spirits Limited declared their second quarter results. The company saw its revenues jump up 30.3% at Rs 105.9 crore versus Rs 81.3 crore. Their PAT increased to 20.9% touching Rs 6.24 crore versus Rs 5.2 crore. Ajay Kumar Swarup, MD of Globus Spirits Limited spoke about the results and his outlook for the company.
Aug 17, 2010 at 17:53 | Source: CNBC-TV18
Last month prices of sugar were stable on the global front. In lieu of this, Sakthi Sugars is expecting better sugar production in the coming year. Their sales were up by 60.2% at Rs 458.5 crore compared to Rs 286.3 crore year-on-year.
May 08, 2009 at 08:34 | Source: Business Line
The crisis in sugar has not spilt over to alcohol, with liquor companies managing to source rectified spirit and molasses at virtually last years rates, if not lower.
Jan 22, 2009 at 11:09 | Source: CNBC-TV18
Ravi Nedungadi, CFO and President-Finance, UB Group, said the Q3 results are an aberration caused by the impact of high molasses prices. "Molasses prices are up three times and have negatively impacted margins. They are now down 30% from their highs, which will ease cost pressures."
Sep 15, 2008 at 08:35 | Source: Business Line
With prices of molasses and rectified spirit going through the roof, the proposed 10 per cent ethanol-blended petrol programme, supposed to be effective from next month, has been practically shelved.
Sep 10, 2008 at 08:45 | Source: Business Line
The tight supply position in sugar is spilling over to molasses and rectified spirit, with prices going through the roof much to the discomfiture of liquor companies and alcohol-based chemical manufacturers such as India Glycols and Jubilant Organosys.
Jun 04, 2008 at 12:35 | Source: Moneycontrol.com
PINC Research has recommended a buy rating on India Glycols with a 12-month price target of Rs 535. IGLs manufacturing prowess affords it strong flexibility in swinging to the cheapest feedstock i.e. sugarcane, ethanol or molasses.
Sep 14, 2007 at 16:28
The Group of Ministers, or GoM, call on sugar seems to be that do not tinker with the pricing mechanism and do not expect excise relief. The only reason to cheer may be a cut in customs duty on molasses, though a final call is awaited, reports CNBC TV18.
Messages on Molasses Prices »

anoopsinghb
ais

Gold Member

10 Followers

India Glycols  

Please understand that India Glycol had made a high of above 500 earlier because conditions were extremely conducive at that time.Crude had gone upto 150 dollar level and there was bumper sugar crop and thus extremely low molasses prices.So long as these conditions do not replicate IG may not rise

12.12 PM Sep 26th 2012

saifi

Gold Member

20 Followers

India Glycols  

with no forex losses and molasses prices at half that in the previous qtr. one can expect pat in the range u have predicted. i too expect ind glycols to touch 1000 in a years time provided crude prices do not fall. if crude goes higher ind gly. will go even higher.all the more gaur gum is quoting

11.19 AM Sep 24th 2012

saifi

Gold Member

20 Followers

India Glycols  

i read in eco times that molasses prices have gone down from 6000rs per ton in june to 3000rs. in september

9.04 PM Sep 13th 2012

anoopsinghb
ais

Gold Member

10 Followers

India Glycols  

I have been trying to track molasses prices.But have not been able to get the right source.Can you kindly let me know if there is any authentic source.

2.15 PM Sep 13th 2012

saifi

Gold Member

20 Followers

India Glycols  

molasses price down to half as compared to last qtr.

12.20 PM Sep 13th 2012

saifi

Gold Member

20 Followers

India Glycols  

meg prices up. molasses prices the raw material for igl, gaur gum prices sky rocketed, last qtr igl plant was shut for 15 days. no expected forex loss this qtr. all in all very positive for igl. it will zoom to its past glory post results. just wait and watch...

12.19 PM Sep 13th 2012

mehnazfatim
a

Platinum Member

136 Followers

India Glycols  

the raw material / molasses prices down and high crude will keep the end product glycol/ethanol prices up. We can expect good times to continue for next eight quarters and a target price of 300 for India glycol in 18-24 months. Will be laughing all the way to the bank if we reach the target earlier. Have

4.00 PM Apr 9th 2012

manish_nort
hern

Platinum Member

34 Followers

India Glycols  

Check molasses prices here at various Mandi in UP. Last year price was 440, this year it is 220 fall of 50%. http://t.in.com/5iwq

4.04 PM Nov 30th 2011

India Glycols  

Check again (please google) : Molasses prices shooting up internationally & locally

3.39 PM Nov 30th 2011

India Glycols  

Think Again : 1. Molasses prices risen sharply again, so next quarter profits will fall 2. Auditors qualification on FCCB revaluation in Q2 results, plus company will need to revalue FCCB`s at year end 3. Debt-Equity between 3 to 4 times

3.36 PM Nov 30th 2011

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Oct 11, 2012 at 07:37 | Source: The Hindu BusinessLine
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