Page 5 - Sugar Exports

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 relaxes sugar export quota for 2021-22; allows extra 1.2 MT shipments

Sugar mills have already exported nearly 10 million tonnes so far -- an all-time high -- in the current marketing year. The industry has been demanding that the export cap should be enhanced.

World's food supply faces new threat after India's rice crop falters

The threat to India's rice production comes at a time when countries are grappling with soaring food costs and rampant inflation

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.

Govt may allow more sugar exports to prevent defaults on contracts

Any additional exports this year may pressure global prices.

Sugar stocks sweeten up to 9% on hopes of additional 1 million exports

Rallying energy markets, tight sugar availability, COVID lockdowns in China and logistical issues from the fallout of Russia's military invasion of Ukraine have led to uptick in spot sugar prices.

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

Govt considers allowing some exports of raw sugar piled up at ports: Report

Additional shipments from India, the world's biggest exporter of sugar after Brazil, could weigh on raw sugar futures, which are trading near their lowest in four months.

India likely to impose ceiling on next season's sugar exports: Report

It has capped current season's sugar exports 10 mn tonnes, wants ample local supplies.

Higher margins could push farm exports to FY22 level despite ban: experts

Actual agriculture exports in FY22 were $47.41 billion, up almost 19% over FY21. This was among the highest ever agriculture exports in value terms by India

Sugar mills foresee output spike, want 8 mn tonne OGL exports next season

Urge timely decision on the matter as global prices are firm , and they can sign future contracts at good prices

ISMA seeks 1 mt of additional sugar exports in 2021-22 season

Cites production increase to 36 million tonnes from 35 million tonnes last season

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

India's sugar exports at record 8.6 mn tonnes till May this year, says ISMA

Sugar exports from India, the world's largest producer of the sweetener, touched a record 8.6 million tonne till May of the ongoing 2021-22 year, said the latest data by industry body ISMA.

Pawar urges PM Modi to raise sugar export quota by another million tonnes

Production of the sweetener is expected to be higher than earlier estimates

Indian mills waiting to export 1.5 MT sugar after selling 8.5 MT: Report

India has exported around 8.5 million tonnes of sugar since the current season began on Oct 1, with exporters likely to contract another 1.5 million tonnes for overseas sales in the next five months

Balrampur Chini snaps 3-day losing streak; stock gains 5% on heavy volumes

Analysts believe that the government's curb on 10 metric ton sugar exports would not cause a major impact as their expectation was lower than the limit for this year.

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