Tag: ISMA

Sugar stocks: ISMA slams speculators for ‘creating panic’

Slamming "few" speculators and sugar refineries for spreading rumours about shortage of sugar in the current 2016-17 season, industry association ISMA on Friday said there is no need to import the sweetener with enough stocks position and surplus production expected next year. "Some people, with vested interests, are trying to confuse the market by simply …

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January 27, 2017