Page 5 - Sugar Production

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

Sugar can be exported sans subsidy only under tighter global mkts: industry

Commodity is quoting at $415-420 a tonne in global market currently; industry says price range of $435-440 will make exports without subsidy support viable

India's sugar production seen rising again in the new season: USDA

Assuming normal rainfall and favorable weather conditions, India's centrifugal sugar production in marketing year (MY) 2021/22 (October-September) is forecast to grow 3% to 34.7 million metric tons

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

EID Parry reports Rs 339 crore Q3 standalone profit vs loss a year ago

Standalone revenue flat at Rs 439 cr, consolidated up 15%

India's Oct-Jan sugar output jumps 25% to 17.7 million tonnes: Trade body

Production jumped in Maharashtra, a leading trade body said

Self-reliant sugar industry

Revenue-sharing mechanism can provide a lasting solution

Mills across India want people to consume more sugar: Here is why

Consumption in India has stagnated at 19 kilograms per capita per year compared with a global average of 23 kilograms

India needs to export 6 million tonne sugar as output rebounds: Trade body

The world's biggest consumer of the sweetener is likely to produce 31 million tonnes of sugar in the new season, nearly 13% more than a year ago

Higher ethanol prices, procurement can boost sugar sector's prospects

Increase in minimum price of cane and export policy in new sugar season are also crucial to drive earnings

Farmers' stir: UP plans to advance sugarcane crushing season to Oct 15

India's top sugar producer, UP had logged over 12 million tonnes last year

Niti Aayog panel recommends linking sugarcane prices to sugar rates

It has also pitched for a one-time increase in minimum sugar price to Rs 33 per kilo to help sugar mills cover the cost of production

Sugar production to increase to 30.5 million tonnes in 2020-21: Ind-Ra

Ind-Ra said it expects sugar production to increase to 30.5 million tonnes in SS21, factoring in a cane diversion equivalent to 1.5 million tonnes of sugar

India sugar production may go up 12% to 30.5 mn tonnes in SY2021: Icra

In Maharashtra, production is expected to increase by 64% year-on-year at 10.1 million tonnes and in Karnataka, by 26% Y-o-Y

Sugar prices command 3-6% premium over MSP on hopes of hike in floor price

GoM recommends hiking MSP to Rs 33 a kg to clear farmers' dues

Sugar output in 2020-21 estimated to rise 12% to 30.5 mn tonnes

This would be 12 per cent higher than estimated production of 27.2 MT in the current 2019-20 cycle

Sugar output in India expected to rise by 17.69% to 32 MT in 2020-21: ISMA

There is likely 1% fall in sugarcane area to 22.92 lakh hectares this year

Domestic sugar production, opening stock expected to be higher next season

With the malls and restaurants being allowed to open under unlock 1.0, the sugar demand will further rise.

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears