Page 10 - Sugar Mills

Making ethanol under new method could solve India's sugar surplus problem

Experts said that making ethanol from B-heavy molasses and cane juice would allow the possibility of a reduction in sugar surpluses, thus indirectly supporting sugar prices

Adityanath govt hopes to harness sugar mills for food processing in UP

The state's sugar mills are idle for six to seven months a year, after cane crushing gets over

Sugar prices decline as govt looks to crack down on mills for arrears

The central government's threat of strong action against sugar mills for mounting arrears of payment to cane farmers has come along with a sustained fall in the price of sugar.Union food minister Ram Vilas Paswan has said he wrote last week to the governments of all major sugar producing states to take action in this regard. In the same period, both wholesale and factory-gate sugar prices have fallen by Re 1-1.5 a kg across the country. Mills protest that they are selling their produce at Rs 26 a kg, nearly Rs 5-6 a kg lower than at the start of the current crushing season last October. Also, that the current price is about Rs 10 a kg less than the average cost of sugar production. Even after considering Rs 6 a kg realisation from byproducts, including distillation (molasses, rectified spirit and ethanol) and co-generation (energy), the loss is still about Rs 4 a kg.And, with sugar production estimated to surpass consumption by around 20 per cent in the current season and the next, ...

Sugar export incentives not to benefit mills due to sharp decline in prices

The government in two separate notifications on Wednesday allowed sugar mills to export up to 2 million tonnes of sugar till September 2018 under the Duty Free Import Authorisation (DFIA)

Sugar mills urge govt to re-introduce minimum indicative export quota

Ask for an earlier scheme to be revived as prices slide after surplus production

Sugar mills, farmers stress to continue despite increase in prices

Cane crushing still unviable, farmers dues may sky rocket: incentivising exports is the solution

Southern sugar mills operating at 25% capacity due to chronic cane shortage

Increase in production cost, reduction in sugar prices increased pressure

Sugar mills face margin squeeze

Most sugar mills had reported healthy profits in the October-December quarter last year

Mills fret as prices of sugar and molasses plunge

Price of molasses has declined to Rs 900 a tonne in UP and Rs 2,200 a tonne in Maharashtra. At the peak last year, this was Rs 8,300 a tonne

Sugar mills fret as prices plunge of sugar and molasses

Data from ISMA shows the average cost of sugar production in Uttar Pradesh and Maharashtra at Rs 37 a kg and Rs 34 a kg

UP sugar mills urge Adityanath to clear Rs 475 cr power dues

Apathy delaying Uttar Pradesh sugarcane farmers payments

Sugar prices down; mills want stock limits to be lifted

Early arrival of new season production has pushed sugar prices down, say mill owners.A note from Indian Sugar Mills Association (Isma) said sales in the festival months of September and October were around 4.1 million tonnes, compared to about 4.2 mt in the same two months last year. The M-30 variety is now selling here at Rs 3,772 a quintal, down 3.4 per cent from July's Rs 3,905 a qtl. Isma says the ex-mill price in Maharashtra is estimated at Rs 34-35 a kg and in Uttar Pradesh at Rs 352-36 a kg, against the all-India average cost of production of Rs 37.5 a kg. This, it complains, is putting pressure on mills' realisation. The Association estimates sugar production this season (it began on October 1, nearly 25 per cent higher than the one before, at 25.11 mt. Hence, it says, it has asked the government to withdraw the stock holding limit on traders with immediate effect. Else, it says, cash flow will be affected, affecting mills' capacity to pay cane farmers." The 2017-18 season's .

Sugar mills hoping for recovery in ethanol blending with petrol this year

During the last season, 2016-17 droughts in some parts of Maharashtra, Tamil Nadu led to less sugarcane output and hence, lower availability of ENA

Profitability of sugar mills in south India to remain under pressure

Rise in cost production impacting profits

UP sugar mills to advance crushing by a month to boost supply

The state reported bumper sugar production at 8.2 million tonnes for 2016-17

Govt directs sugar mills to curtail prices immediately

The sugar prices had hit a three-months high in major mandis

Sugar mills have cleared 90% cane dues worth Rs 22,807 cr: UP minister

Sugar mills had paid Rs 14,007 cr to farmers during corresponding period last year, says UP Minister

Sugar mills seek increase in duty to curb unwanted imports

Global price crash makes raw sugar viable even at 40% duty, mills' supply glut due to cheap import

Yogi Adityanath govt to take action against sugar mills flouting NGT norms

Out of 116 sugar mills, 56 have cleared all dues while there were no dues in case of 25 mills

Finance Ministry considering debt restructuring for sugar sector

Sugar prices have started rising but the industry is unable to make money