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Sugar stocks up on uniform price reports

Sugar stocks rose up to 9 per cent on Tuesday amid rumours that the government was considering uniform cane price for the entire country. The decision, if granted, will take away the power from states to fix the state advised price (SAP) which differs for each state.

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This entry was posted on Wednesday, October 21st, 2009 at 3:31 am and is filed under India. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

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