Page 3 - Sugar Production

India's Oct-Dec sugar output up 3.69% at 12.07 million tonnes: ISMA

The country's sugar production rose 3.69 per cent to 120.7 lakh tonnes in the October-December quarter of the ongoing marketing year, according to the industry body ISMA. Sugar production in India, one of the world's major producers of the sweetener, stood at 116.4 lakh tonnes in the same period of the previous marketing year. Sugar marketing year runs from October to September. According to the Indian Sugar Mills Association (ISMA), about 509 mills were operating as against 500 mills in the said period. Sugar production in Uttar Pradesh reached the year-ago level of 30.9 lakh tonnes, while in Maharashtra it rose marginally to 46.8 lakh tonnes during October-December of the 2022-23 marketing year, as against 45.8 lakh tonnes in the year-ago period, it said in a statement. Sugar production in Karnataka rose slightly to 26.7 lakh tonnes, as against 26.1 lakh tonnes in the said period. The production of sugar has reached 3.8 lakh tonnes in Gujarat, 2.6 lakh tonnes in Tamil Nadu and

Sugar production may see marginal fall in 2022-23 on extended rains

Industry players said the prime reason for a slight drop in output is due to the fact that the sugarcane crushing season started late

October sugar production falls 14.73% to 405,000 tonnes: NFCSFL data

Sugar production in India, the world's major producer, fell 14.73 per cent year on year to 4.05 lakh tonnes in the first month of the 2022-23 marketing season, according to cooperative body NFCSFL data released on Monday. Mills had manufactured 4.75 lakh tonnes of sugar during October in 2021-22 marketing season. Sugar marketing season runs from October to September. National Federation of Cooperative Sugar Factories Ltd (NFCSFL) has pegged sugar production at 36 million tonnes for the 2022-23 marketing season. According to NFCSFL, the new sugar season has commenced in Maharashtra and Karnataka. The cane crushing operations in Uttar Pradesh and rest of the cane growing states would kick off in a week's time. As per the data, sugar production in Maharasthra remained lower at 80,000 tonnes of sugar till October of the current season, as against 1.40 lakh tonnes in the year-ago period. Similarly, sugar production in Karnataka reached 2.80 lakh tonnes, lower than 3.10 lakh tonnes in t

Sugarcane production in India shifting from South to North: NSO report

Although Maharashtra is the leading sugar producer in the country, Uttar Pradesh has the highest sugarcane output value in the country

India's sugar output to be higher at 36.5 mn tonnes in 2022-23: ISMA

India is expected to produce around 36.5 million tonnes of sugar in the new season that began on Oct 1, a leading industry body said on Monday

Sugar producers sign deals in 'golden opportunity' on tight global market

Mills in India, which vies with Brazil as the world's top sugar producer, have so far contracted to export about 1.2 million tons and aim to ship as much as 8 million tons in the 2022-23 year

Govt permits exporters to ship raw sugar to US under TRQ till Dec 31

The government on Wednesday permitted the export of specified quantity of raw sugar to the US under the Tariff-Rate Quota (TRQ) till December-end this year. Earlier, it was permitted till September 30. "The validity for export of raw sugar to the US under TRQ has been extended from September 30, 2022 to December 31, 2022," the Directorate General of Foreign Trade (DGFT) said in a public notice. TRQ is a quota for a volume of exports that enters the US at relatively low tariffs. After the quota reaches its limit, a higher tariff is applicable to additional shipments. In May, the government permitted additional export of 2,051 metric tonne of raw sugar under the TRQ to the US for its fiscal year ending September 30, 2022. With this quantity, total sugar export to the US under TRQ during its fiscal year 2022 would be 10,475 MT. India, the world's second-biggest producer and the largest consumer of sugar, has a preferential quota arrangement for sugar export with the European Union as

India set to allow 5 mn tonnes of sugar exports in first tranche: Report

On Oct. 1, 2022, when the new season begins, mills' carryover stocks from the previous season are expected at 6 million tonnes against 8 million tonnes a year earlier

ISMA demands permission to export 8 MT of sugar in 2022-23 marketing year

Sugar industry body ISMA has demanded that the government should allow exports of 80 lakh tonnes of sweetener in the 2022-23 marketing year starting October in view of surplus production. Indian Sugar Mills Association (ISMA) president Aditya Jhunjhunwala has written a letter to food and consumer affairs minister Piyush Goyal in this regard. In the current 2021-22 marketing year ending September, the government has allowed sugar exports of 112 lakh tonnes and mills are likely to ship the entire quantities. In May, the government had imposed restrictions on export of sugar beyond 100 lakh tonnes, but later allowed another 12 lakh tonnes of shipments, taking the total to 112 lakh tonnes for 2021-22. Sugar marketing year or season runs from October to September. "We would like to request the government to allow 80 lakh tonnes of exports for 2022-23 SS (Sugar Season) ...," the ISMA President said in the letter. As per preliminary estimate, Jhunjhunwala said the net sugar production,

Top Headlines: NDTV-Adani ownership battle, sugar exports, and more

New Delhi Television (NDTV) can prevent a takeover by the group if it can buy more shares from public shareholders, corporate lawyers told Business Standard

Centre may allow 8 million tonnes sugar exports next season in two tranches

In the first tranche, market sources said exports of around 5 mt could be permitted. This could be expanded by another 2.5-3 mt only after assessing the price situation and supply-demand scenario

State Bank of India moves NCLT to recover dues from Bajaj Hindusthan Sugar

The sugar and ethanol producer owes nearly Rs 4,800 crore to banks

Essential to export 8 mt sugar next year: Triveni Engineering MD and V-C

Tarun Sawhney, MD & vice-chairman of Triveni Engineering, a leading sugar producer with growing emphasis on biofuels, tells S Dinakar sugar prices will be stable and on a slightly upward trajectory

Govt likely to notify 1.2 MT of additional sugar exports this season

The Centre is likely to allow an additional 1.2 million tonnes (MT) of sugar exports in the current season ending September 2022, according to government sources

Centre likely to allow 1.2 MT additional sugar exports this season

Sugar production in the current year now estimated at more than 36 MT, against expectation of 35 MT

Sugar output may fall; still there'll be 8 mt surplus for exports: ISMA

ISMA estimates that the diversion of cane juice and B-molasses to ethanol shall cut sugar production by about 4.5 mt during the next marketing year.

India's sugar output in 2022-23 may dip slightly to 35.5 mn tonnes: ISMA

As per ISMA, sugar production in 2022-23 is estimated at 355 lakh tons as against 360 lakh tons in current marketing year ending September due to diversion of sugarcane towards ethanol manufacturing

Not so sweet for UP sugar industry as giant Bajaj Hindusthan gets NPA tag

Bajaj Hindusthan badly needs money to shore up its operations but its NPA tag to make raising funds difficult

Govt extends export period for 800,000 tonnes of sugar to July 20

Last month, the world's biggest producer of the sweetener gave its mills until July 5 to export the sugar, but some mills missed doing so because of heavy rains

At 137 lakh tonnes, Maharashtra sees its all-time high sugar production

Maharashtra has set a record for itself by producing 137.28 lakh tonnes of sugar in 2021-22, which is nearly 31 lakh tonnes more than the previous year, a senior official said on Thursday. The state also broke another record of crushing 1,320.31 lakh tonnes of sugarcane this year, he said. "The state has produced 137.28 lakh tonnes of sugar this year, which is 30.88 lakh tonnes more than the previous year. With this, the crushing season in the state has now ended," state Sugar Commissioner Shekhar Gaikwad told PTI. The sugar produced in Maharashtra this year is so much that it stands next to Brazil in terms of the production, he said. "The crushing season of Maharashtra lasted longer this year after an all-time high production of sugarcane. The sugarcane crushing season which used to be around 90-120 days, went up to 240 days in some parts of the state this year. The average crushing season went up to 173 days, which was 140 the previous year," he said. This year, around 200 sugar