ANNOUNCEMENT 07 Jun 2018

A stockholding limit was imposed on sugar producers for the month of June 2018.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Official order of the Department of the Food and Public Distribution
http://dfpd.nic.in/1sGbO2W68mUlunCgKmpnLF5WHm/ORDER07062018.pdf

Inception date: 07 Jun 2018 | Removal date: 30 Jun 2018

Price stabilisation

On 7 June 2018, the Ministry of Consumer Affairs, Food and Public Distribution imposed a stock holding limit on 528 sugar producers producing sugar by vacuum pan process.

The Notifications requires the producer to hold stocks of white/refined sugar at the end of June as per the following formula - 

    Opening Stock on 1 June 2018

   + Production during the month of June 2018

   - Domestic dispatch in June 2018 not exceeding quantity as specified in the Notification

   - Export dispatch in June 2018

AFFECTED SECTORS

 
235

AFFECTED PRODUCTS

 
170114