Page 4 - Indian Sugar Industry

WTO panel tells India to comply with trade rules on sugar

In the cases brought before the WTO in 2019, the rival producers alleged that India had broken WTO rules by providing excessive domestic support and export subsidies for sugar and sugarcane

India's sugar exports touch 5.11 mn tonnes so far this year: AISTA

Sugar mills have exported 5.11 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said on Thursday

India's sugar exports touch 4.25 mn tonnes so far this year: AISTA

Sugar mills in India have exported 4.25 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said

Sugar stocks trading weak on subsidy squeeze may be an anomaly

The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday

India's Oct-Mar sugar output rises 19% to 27.76 MT; exports gain momentum

The country is the world's second-biggest sugar producer and the higher output could weigh on global prices

Global price rise turns sugar stocks sweeter; shares of producers up 19-30%

For the past few years, the sugar industry has faced the twin headwinds of surplus production and higher sugar inventory, leading to pressure on sugar prices

India's sugar exports to drop more than 24% in 2020-21: Trade body

In the 2019/20 season, Iran imported a record 1.14 million tonnes of sugar from India, accounting for some 20% of the country's sugar exports, according to Indian customs data

First time in 3 years, sugar mills sign export deals without govt sweetener

India is the world's biggest consumer of sugar, but as the second biggest producer, produces more than required.

Centre asks sugar mills to divert excess cane, sugar for ethanol production

In order to encourage mills to divert sugarcane to produce ethanol in the interest of farmers and sugar industry, soft loans of Rs 18,600 crore are being extended through banks to 362 projects

WTO panel report on India sugar subsidy case may not come before Q2, 2021

In 2019, Brazil, Australia and Guatemala dragged India into the WTO's dispute settlement mechanism alleging that New Delhi's sugar subsidies to farmers are inconsistent with global trade rules

Covid impact: Domestic sugar consumption likely to dip 2 million tonnes

According to estimates, domestic institutional sales account for 65-70 per cent of the total sugar sales with the remaining emerging from the household segment

Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

Sugar mills seek third ethanol supply tender from OMCs on production spike

The factories were able to supply only a third of OMC requirements in the second tender

Covid-19 lockdown impacts sugar mills as OMCs reduce ethanol offtake

With petrol and diesel demand falling, OMCs are already dealing with excess supply of the biofuel; ISMA writes to them to reallocate ethanol to deficient depots for fuel mixing

How sugar industry has managed to break out from surplus-shortage cycle

The Rangarajan committee recommendations on sugar reforms have been put into cold storage. Yet, the industry has managed to break out from the infamous surplus-shortage cycle

Sugar output down 24% at 141 lakh tonne during Oct-Jan of 2019-20 market yr

ISMA has pegged the country's sugar production at 260 lakh tonne for 2019-20

Sugar reforms

Prices should be determined by market dynamics

Sweetener for sugar exports: Forecast of global shortage offers fresh hope

This is because the Indian industry contending with brimming inventories has been given a mandate by the government to sell 6 mt in the world market

Indian sugar industry poised to export 5 mn tonne, likely to set new record

Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct. 1, 2019