Page 7 - Sugar Mills

UP govt facilitates issuance of Khandsari licences online in 100 hours

131 licences to set up new Khandsari units issued so far, creating 34,550 TCD capacity

India likely to export 6 million tonnes of sugar in 2019-20: Trade body

The current season began on October 1

Sugar mills eye molasses export, higher ethanol for blending in glut season

Factories seek to improve cash flows; Maharashtra allows export of molasses

Windfall for sugar mills as Centre allows export of alcohol-based sanitiser

Hit by the slump in sugar demand following lockdown and consequent subdued realisations, mills have run up huge farmers' outstanding pertaining to the current sugar season 2019-20

Despite lockdown, sugar mills contract for 4.2 million tonnes of exports

3.6 MT shipped by mills so far; Indonesia, Iran major offshore destinations

Tough times for sugar mills as demand from business consumers dwindles

Low offtake of sweetener as cold drink units, ice-cream factories, and sweet shops remain shut due to lockdown. No offtake from liquor plants, paper units and OMCs for byproduts either

Coronavirus lockdown leaves a bitter taste for India's sugar industry

In this backdrop, the sugar mills are now pinning hopes on the prospective shipments to Indonesia to make up for the accumulating losses

Lockdown: Working capital woes hit sugar mills as consumption dips

Industry seeks allocation of special fund to clear pending export subsidies

Lockdown: Sugar mills face working capital crunch as consumption dips

Industry seeks allocation of special fund to clear pending export subsidy

Tamil Nadu sugar industry asks Centre to rework loans in wake of Covid-19

Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year

Sugar mills seek third ethanol supply tender from govt-owned OMCs

The excess production is a major issue as mills had planned to expand ethanol production

Sugar mills seek third ethanol supply tender from OMCs on production spike

The factories were able to supply only a third of OMC requirements in the second tender

Sugar mills boost production capacity of hand sanitisers to 100K L per day

Apart from sugar mills, grain based distilleries have also set up additional 100,000 litres per day taking total additional capacity to 2 lakh litres per day

How sugar industry has managed to break out from surplus-shortage cycle

The Rangarajan committee recommendations on sugar reforms have been put into cold storage. Yet, the industry has managed to break out from the infamous surplus-shortage cycle

Covid-19 hits sugar supply chain, global prices; recovery likely soon

According to market watchers, fresh sugar procurement from mills would start soon since the supply chain would have largely dried up during the last couple of weeks

India's sugar mills likely to achieve over 80% of its export quota

The government had allocated 6 million tonnes of sugar quota among 530 mills spread across in the country, depending on their crushing capacity and records

India's sugar production estimate revised upwards to 26.5 million tonnes

The industry's closing stock as at the end of September seen at 10 million tonnes

Sugar exports picking up even as delays in release of subsidy loom

Newer opportunities such as exporting to Indonesia are being thrown up but early closure of mills could be an issue

Trade body at variance with ISMA over sugar production estimate

All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20

State govts slash price of electricity generated by sugar mills by 50%

Electricity is generated by sugar mills from molasses in cogeneration units