Stories Tagged 'Salt trading corporation'
Salt Trading Corporation has decided to buy 20,000 tonnes of sugar from domestic producers with the objective of maintaining intervention stocks. It will sell sugar from its stores to stabilise market prices if they should fluctuate widely.
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The government’s decision to impose quantitative restriction on sugar imports has caused the Salt Trading Corporation to incur heavy losses as its warehouse rental alone amounted to Rs25.5 million as of the first week of December.
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Salt Trading Corporation (STC) is mulling to purchase sugar from domestic manufacturers in a bid to take excess stock off their hands.
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Ministry of Supplies (MoS) is considering purchasing 50,000 tonnes of sugar for buffer stock, which will be used to offset price fluctuations.
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Salt Trading Corporation (STC), the sole distributor of edible salt in the country, on Saturday dismissed shortage rumours, stating its stock will last for more than six months.
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Farmers coming to buy fertilizer have been forced to return empty-handed as the cooperative in Khajura that sells it is fresh out of stock.
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