Page 3 - Sugar Prices

India's sugar exports rise 20% to record 7.1 MT in 2020-21: ISMA

India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 marketing year ended last month on the back of better demand and financial assistance from government

Sugar rally could help India to export 6 million tonnes without subsidy

New Delhi is expected to withdraw sugar export subsidies from the new season as a sharp rise in prices makes it easier for Indian mills to sell on the world market, a govt official said

These 5 sugar stocks can jump up to 25% in coming sessions; time to buy?

Any further development regards to the increase in sugar price can push the stocks higher in a short span of time

India wants ethanol to fuel its cars, but food inflation is a major risk

The government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel production annually by 2025, according to the food ministry

India exports 4.75 mn tonnes of sugar so far this year: Trade body

The sugar marketing year runs from October to September.

Explained: How sugar sector shrugged off its bitter cyclical nature

Data shows that in the 10-year period from 2010-11 to 2020-21, India's annual sugar production exceeded domestic consumption in all the years, except 2016-17

How India's sugar sector managed to shrug off its perpetual cyclical nature

Experts cite three key drivers of what they see as a permanent change in production patterns

Sugar stocks trading weak on subsidy squeeze may be an anomaly

The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday

Sugar can be exported sans subsidy only under tighter global mkts: industry

Commodity is quoting at $415-420 a tonne in global market currently; industry says price range of $435-440 will make exports without subsidy support viable

Govt cuts sugar export subsidy to Rs 4,000 a tonne on global price rise

Trade sources said it might not impact exports much; of the existing quota of 6 million tonnes, 5.7 million tonnes have already been contracted at higher subsidy rate

Healthy outlook: Investors show their sweet tooth for sugar stocks

Shares of several firms rally between 15% and 20%

Disruption in sugar supply chain likely to be minimal due to lockdown: ISMA

Indian Sugar Mills Association is an industry body

India's Oct-Mar sugar output rises 19% to 27.76 MT; exports gain momentum

The country is the world's second-biggest sugar producer and the higher output could weigh on global prices

India's October-February sugar output jumps 20%, few mills close early

A few mills closed operations ahead of normal schedule, a trade body said on Wednesday

Global price rise turns sugar stocks sweeter; shares of producers up 19-30%

For the past few years, the sugar industry has faced the twin headwinds of surplus production and higher sugar inventory, leading to pressure on sugar prices

Sugarcane pricing

Proposed reforms are good but much more needs to be done

Sugar exports may drop 24% this year due to logistics issues: Trade body

The drop was due to logistics constraints and less chances of shipments to Iran, trade body All India Sugar Trade Association (AISTA) said

EID Parry reports Rs 339 crore Q3 standalone profit vs loss a year ago

Standalone revenue flat at Rs 439 cr, consolidated up 15%

Self-reliant sugar industry

Revenue-sharing mechanism can provide a lasting solution

Higher ethanol prices, procurement can boost sugar sector's prospects

Increase in minimum price of cane and export policy in new sugar season are also crucial to drive earnings