Page 10 - Sugar

Commodity picks: 26 August 2019

Sugar is trading at Rs 3,287 per quintal in Kolhapur, Jeera prices in Unjha are trading at Rs 17,320 per quintal

EID Parry shuts sugar factory in Tamil Nadu, cites cane availability

Tamil Nadu, Karnataka and Andhra Pradesh are major sugarcane producers but weak monsoon for the past few years has hit production badly

Govt fixes export quota of 10,000 tonne of sugar to EU at concessional rate

By availing the CXL concession on export to the EU, traders can export sugar at relatively low or zero customs duty

Sugar alone doesn't cause diabetes: Indian producers want you to believe

Even Pakistanis and Sri Lankans have a sweeter tooth than Indians. What then makes India the diabetes capital of the world?

Cabinet okays Rs 15,500-cr loan for sugar mills to boost ethanol capacity

Sugarcane dues have crossed Rs 20,000 crore till February of this marketing year

Rs 2 per kg hike in MSP to improve sugar mills' cash flow: Report

Additional inflow of funds is set to reduce cane arrears, which surged to Rs 20,000 crore in January

India's sugar output seen falling below 30 mt in 2019-20 on dry weather

A drop in harvest for a second year will potentially cut overseas shipments and support global prices that fell 21 percent in 2018

Centre may hike minimum selling price of sugar to help farmers: Report

India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi despite a government push for overseas sales, industry officials said

Bitter days ahead for sugar as investors line up for 2019 losses

Cane millers can turn crops into either sweetener or biofuel. For a lot of 2018, high gasoline prices meant Brazilian processors favored making ethanol, helping to cap the sugar glut

Sri Lanka emerges the largest sugar importer from India; UAE distant second

Faced with supply glut pressurising sugar prices regularly, the Indian government has visited a number of countries to shell out some of the extra stocks

Oct-Nov sugar production up slightly to 3.97 million tonne: ISMA

In Maharashtra, 167 sugar mills have started their crushing operations and are running in full swing and as on November 30

Why India becoming world's top sugar producer is no good news for companies

India's production, according to the US Department of Agriculture's Foreign Agricultural Service, may rise 5.2 per cent to a record 35.9 million metric tonne on increasing acreage and improving yields

India poised to topple Brazil as the world's biggest sugar producer

Global inventory is forecast to rise as "massive stock building" in India counters lower supplies in China and the EU, the USDA unit said

India's sugar exports hit by falling prices; govt offers transport subsidy

Sugar price declines 4% in the world and 2.5% in India in two weeks; Maharashtra seek incentives on tradable quantity from Uttar Pradesh mills.

Sugar stocks gain in weak market; Balrampur Chini, Dhampur Sugar up over 8%

Balrampur Chini, Dalmia Bharat Sugar, Dhampur Sugar, Uttam Sugar, Dwarikesh Sugar and Thiru Arooran were up in the range of 5% to 13% on the BSE, as compared to 0.45% decline in Sensex at 01:24 PM.

Sugar output seen falling to 31.5 mn tonnes in 2018-19, lower than 2017-18

Closing stock at the end of the year will still be very high despite improvement in exports

At 32 MT, India's sugar output may remain below prior forecast for 2018-19

The sugar output is now seen at 32 million tonnes for the season that began on Oct. 1, down from its previous forecast of 35-35.5 million tonnes

Sugar exporters to meet on Monday to evolve strategies to boost exports

The government has already announced several incentives in the past few months to allow sugar mills get rid of surplus stocks

Global sugar supply to see 710,000-tonne deficit in 2018-19: Report

Mills in Brazil have sharply turned to ethanol production to take advantage of better financial returns than those seen in sugar sales

Grub infestation: Farmers latest headache is fixing India's sugar problem

NFCSF has lowered its production forecast for the 2018/19 crop year to 32.4 million tonnes, including 9.7 million tonnes for Maharashtra