Page 2 - Sugar Prices

Fitch Solutions sees raw sugar prices averaging 2% higher in 2023

Fitch Solutions said it sees raw sugar prices averaging 2% higher this year as production will likely disappoint in various regions including Europe and India, while demand in China should recover

Govt to announce 2022/23 sugar export quota 'very soon': Food Secretary

He did not disclose the quantity of sugar exports that will be allowed for the 2022-23 marketing year (October-September).

Maharashtra set to produce record sugar levels in new crop season

Higher production will weigh on local prices and may prompt New Delhi to allow sugar exports in the 2022/23 marketing year starting from Oct. 1. Indian exports could weigh on global sugar prices.

India could soon approve sugar exports in two tranches, says report

Exports by India, which has restricted shipments in the current season, could weigh on global prices, and help swell supplies across Asia

Govt issues sugar export release orders for 10 lakh tonnes till June 3

The government has capped sugar exports at 100 lakh tonnes for the 2021-22 marketing year (October-September) with effect from June 1

Prices of wheat, sugar, rice declining after govt measures: Food Secy

Retail prices of wheat, rice, sugar and edible oils are showing a declining trend after the measures taken by the govt, including curbs on exports of wheat and sugar, says Food Secy Sudhanshu Pandey

Sugar stocks' outlook turns sour as export ban fuels panic selling

While strong lobbying to reverse curbs is expected, share prices are seen hitting new 52-week lows before the new season rolls in

India to limit sugar exports in risk to global food prices: Report

India plans to restrict sugar exports for the first time in six years to prevent a surge in domestic prices, potentially capping this season's exports at 10 million tonnes

Sugar prices to change due to India's falling demand, says Raizen CEO

Global sugar prices will structurally change as demand from India falls and more volatility is expected in correlation with energy prices, Ricardo Mussa, CEO of Raizen said

Sugar output up 6% till Feb 15 in 2021-22 marketing year, says ISMA

India's sugar production hiked by 6% from Oct 1 to Feb 15 in 2021-22 marketing year at 220.91 lakh tonnes on higher sugarcane production while exports jumped till Jan at 31.5 lakh tonnes, says ISMA.

Sugar output pegged lower by 2.2% for 2021-22 season: ISMA

Sugar output was at 31.18 million tonnes in the 2020-21 season

Sugar companies likely to witness 5-7% revenue growth in FY'22: Report

In light of surged global sugar prices, the export prospects look promising for the upcoming sugar season even if export policy isn't announced: Report

India's sugar exports rise 20% to record 7.1 MT in 2020-21: ISMA

India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 marketing year ended last month on the back of better demand and financial assistance from government

Sugar rally could help India to export 6 million tonnes without subsidy

New Delhi is expected to withdraw sugar export subsidies from the new season as a sharp rise in prices makes it easier for Indian mills to sell on the world market, a govt official said

These 5 sugar stocks can jump up to 25% in coming sessions; time to buy?

Any further development regards to the increase in sugar price can push the stocks higher in a short span of time

India wants ethanol to fuel its cars, but food inflation is a major risk

The government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel production annually by 2025, according to the food ministry

India exports 4.75 mn tonnes of sugar so far this year: Trade body

The sugar marketing year runs from October to September.

Explained: How sugar sector shrugged off its bitter cyclical nature

Data shows that in the 10-year period from 2010-11 to 2020-21, India's annual sugar production exceeded domestic consumption in all the years, except 2016-17

How India's sugar sector managed to shrug off its perpetual cyclical nature

Experts cite three key drivers of what they see as a permanent change in production patterns

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