Shree Renuka Sugars532670Sugar
Analyst discussed outlook for Shree Renuka Sugars and the sugar sector amid high international sugar prices and tough domestic conditions
- Domestic ex-mill sugar price range
- 44 to 46 rupees per kilo
- Crushing days last year
- 1995 days
Heard on business television between 12:42:49 - 12:45:49 IST.
- Said landed cost of imported sugar is higher than domestic values due to high world prices, making imports a non-starter.
- Domestic ex-mill sugar prices expected to hover between 44-46 rupees per kg.
- Renuka gave up its Brazilian operations years ago, so that has no impact now.
- Said Renuka's port-based refineries are mainly for re-export, and government clearance to sell some stock domestically likely won't be used since domestic prices are much lower than international.
- Called 2027 a tough year for the sugar sector but said Renuka's port operations and refineries with strong white-raw sugar premiums should help.
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Source: Live TV News Channel · 7 Oct 2026
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