Page 13 - Sugar

Sugar price hangs on output in India

Global supplies will outpace demand by about 1 to 3 mt in 2017-18

Sugar mills making more from molasses

With ethanol prices fixed, mills sell to liquor firms

Sugar price hits the highest in Mumbai on lower release

According to trade sources, a handful of traders stored a large quantity of sugar during lean season

Dhampur Sugar, Balrampur Chini, Dwarikesh Sugar hit 52-week highs

Kesar Enterprises, Uttam Sugar, Triveni Engg, Mawana Sugars, and Dwarikesh Sugars were up over 5% each

Centre lifts subsidy on distribution of sugar via PDS, onus now on states

Overall subsidy burden on the government would go up marginally by 5% in 2017-18

Import duty cut a risk to sugar rally

Last week, Isma reduced its production assessment for the ongoing sugar season to 21.3 mt

Over a third of Maharashtra's sugar mills shut on lower cane availability

Sugar output in the state down 28% to 3.14 mn tonnes as of Jan 15; wholesale prices surge 5%

Big sugar's secret ally? Nutritionists

All foods supply calories and there is no difference between calories that come from sugar

Sugar price hits 7-year high on higher demand from stockists

Industry estimates India's sugar production to be 23.5 million tonnes this year

8 sugar stocks hit 52-week high

Balrampur Chini, DCM Shriram, Dhampur Sugar, EID Parry, Dwarikesh Sugar, KM Sugar and Triveni Engg hit 52-week highs.

Sugar shares extend gain; Dwarikesh Sugar, Dhampur Sugar hit 52-week high

Oudh Sugar, Dhampur Speciality, Thiru Arooran, Upper Ganges, Ugar Sugar and Mawana Sugars were up 5%-7%.

Govt to have sufficient sugar; no plans to cut import duty

The import duty on sugar at present is 40% and no overseas purchase is taking place

Sugar output to be lower than expected as drought hits crops

In the past two years, back-to-back droughts have ravaged the cane crop in Maharashtra

Sugar shares extend rally; Simbhaoli, Uttam Sugar, Thiru Arooran up 20%

Rajshree Sugars, Dharani Sugar, Riga Sugar, Mawana Sugars and Kesar Enterprises were up 10% -19 on BSE.

Sugar stocks rally on hopes of debt restructuring

Dwarikesh Sugar, Oudh Sugar, Upper Ganges, Parrys Sugar, Mawana Sugars and Rana Sugars up 6% to 15%

Balrampur Chini gets green nod for Rs 72-cr expansion project

Balrampur Chini has 11 factories in UP having an aggregate crushing capacity of 79000 tonnes per day

Sugar company stocks up as lifting resumes from bulk consumers

With this upsurge in stocks, over half of the decline since the demonetisation has been reversed

Sugar stocks rally on heavy volumes; Dwarikesh, Upper Ganges up 10%

Dwarikesh Sugar, Oudh Sugar, Upper Ganges, Parrys Sugar, Uttam Sugar and Simbholi Sugars were up 8%-15%.

UP sugar mills in sweet spot with 0.5% higher recovery

Barring 1.5-2 per kg decline due to demonetisation, prices remain elevated

Sugar price to remain elevated on global deficit, lower domestic output

Profitability prospects of sugar mills brighter in short term, say rating agency Icra in its latest report