The government has set the limit for sale of sugar by mills in September at 2.2 mln tn, higher than 2.1 mln tn set in August, according to a notification. The production of sugar by mills in Brazil's centre-south region fell by 7.5% to nearly 3.0 mln tn during Aug 1-15, the country's sugarcane industry association--known by its Portuguese acronym UNICA, said in a report. The output was 3.24 mln tn a year ago. The government has kept base import prices of all edible oils unchanged, the Central Board of Excise and Customs said in a notification. The Centre levies import duty ad valorem and reviews base prices, depending upon changes in global prices and foreign exchange rate, typically on a fortnightly basis. The notification on base import prices for edible oils was last released on Aug 16.
Source:moneycontrol.com