Page 4 - Sugar Prices

Niti Aayog panel recommends linking sugarcane prices to sugar rates

It has also pitched for a one-time increase in minimum sugar price to Rs 33 per kilo to help sugar mills cover the cost of production

Domestic sugar production, opening stock expected to be higher next season

With the malls and restaurants being allowed to open under unlock 1.0, the sugar demand will further rise.

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears

Lockdown: Sugar mills face working capital crunch as consumption dips

Industry seeks allocation of special fund to clear pending export subsidy

Stable policy in ethanol sector crucial for Brazilian investment: UNICA ED

Indian government is in the right direction says Sousa

CACP recommends dual price policy for sugar trade for farmers' benefit

To cost corporate users 20-30% more than kitchen consumers

Sugar output in 2019-20 may fall by 18% to 2.73 mn tonnes: Govt in RS

Sugar marketing year runs from October to September

Sugar prices have slumped to lowest in 11 months and the world blames India

Bullish sentiment has been eroded by a raft of exports from India that Brazil, the top producer, calls 'unsustainable'

India dumping its extra sugar may drag down already low global prices

Even though world inventories are forecast to drop, the excess hoard is still big enough to satisfy annual consumption in India and the European Union, the top consumers

Dip in sugar prices negates part of Centre's incentives to clear cane dues

For January 2019 and February 2019, however, the Union Ministry of Food had set a sugar quota of 1.85 mt and 2.1 mt, respectively

Sugar price declines steadily to nullify a part of govt boosters

Sugar has shed 3% over the past two weeks, since the govt announced the highest ever monthly quota release of 2.45 million tonnes for March

Govt hikes sugar MSP by 7% to Rs 31 a kg; mills to get Rs 6,000-cr benefit

Announcement comes as relief for mills burdened by sugarcane arrears

More triggers needed for sugar rally; prices may remain under pressure

Therefore investors, who wish to take an exposure to the sector, could look at companies with a stronger balance sheet and lower cost of sugar production

Market Mind: Sugar may remain sour for long

The UP government's enthusiasm to 'reward' cane growers and win opinions (before the 2019 votes) proved lose-lose for stakeholders

Sugar surges 21% in three weeks on govt's reverse stock limit order

Hits Rs 3,341 a quintal in Vashi Mandi; mills say govt's Rs 70-bn package, buffer stock move are knee-jerk reactions, supply glut not addressed

Sugar price, shares surge on fresh revival package buzz

This 'incentive' may be given so that sugar companies can pay their dues to the farmers

Sugar prices fall to lowest level in 28 months owing to distress sales

Meanwhile, a sharp fall in sugar prices in global markets has made exports almost impossible

Sugar prices lowest in 27 months; lack of demand to reduce rates further

Lack of demand to reduce rates further; markets await export incentives to arrest fall

Sugar bears come out to play as India, Thailand post record harvests

The investors are holding the biggest net-short position, or bets on declining prices, in six weeks

As sugar-crushing season reaches peak, producers pay the price of reform

Govt-controlled cane prices remain a challenge as the sugar-crushing season gets into full swing