Friday, May 20, 2016

Sugar Export Subsidies is Over | Commodity Best tips Today

Commodity best tips
Export subsidies on sugar mills is over. Centre cane price of Rs 45 per quintal subsidy scrapped government. Which has been informed by the notification issued. In view of rising sugar prices in the domestic market, the government has decided this.  

Due to Rising Price of Sugar This decision have been taken by Government. The cash-strapped sugar mills to pay dues to assist the Government in December 2015, announced the Chinese production subsidies, which are paid directly to farmers. The ministry said in a notification that production of food subsidy plan December 2,2015, was notified. 

Is withdrawn with immediate effect. According to the Chinese Ministry of Food prices rise in the wake of the plan being withdrawn. Sugar prices in the retail market at the moment are running at 35-40 per kg.  

MCX GOLD Trading @29,762.00 with -35.00 points or -0.12% Down. 
MCX Silver is Trading @39,894.00 with 54.00 points or +0.14% UP.  
MCX CRUDEOIL is Trading @3,320.00 with 41.00 points or +1.25% UP. 

Commodity Best tips Today by Experts:  

BUY ALUMINIUM B/W 104.5-104.7 TG 105.6 106.5 SL 103.4. 

BUY ZINC MAY ABOVE 125.80 STOPLOSS BELOW 124.80 TARGET 126.60-127.20.

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