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Key Points

4 points
1

Stock holding limit: 1,000 quintals (standard) and 2,000 quintals (Kolkata, Assam)

2

Maximum storage duration: 15 days

3

Goal: prevent hoarding and keep sugar affordable

4

Retail price decline: approximately 15% since August

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Summary

Dealers may hold a maximum of 1,000 quintals of sugar for up to 15 days, except in Kolkata and Assam where the limit is 2,000 quintals due to transport challenges.

The measures aim to stop hoarding, keep sugar prices stable, and ensure smooth movement from mills to consumers.

As a result, retail sugar prices have dropped about 15 percent from their recent peak.

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New Words to Learn

6 words
quintal
a unit of weight equal to 100 kilograms, used to measure large quantities of sugar
hoarding
accumulating large amounts of a product to control its availability or price
speculative trading
buying and selling with the hope of making profit from price changes, rather than using the product
ex‑mill price
the cost of sugar right after it leaves the manufacturing plant
agro‑climatic conditions
the combination of weather and soil factors that affect farming
logistics
the planning and execution of transporting goods from one place to another
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