The National Commodities and Derivatives Exchange (NCDEX) will increase the margin money on all sugar contracts with effect from March 11, 2016. The exchange will increase additional margin of 5% on both the Long side and Short side which will be imposed on all running contracts and yet to be launched contract in sugar.
The production of sugar from the beginning of the season, October 01, 2015 to February 29, 2016, was up by 2% at 199.47 lakh tons (LT) compared to 195.58 LT produced during the same period in 2014-15 SS. During the current 2015-16 SS, out of 513 sugar mills which started operations, 107 have shut their operations by February 29, 2016.
Last year, out of 517 sugar mills which were in operation between October 01 and February 28, 2015, 13 had shut their operations.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: