Page 3 - Sugar Production

Sugar exports hinge on monsoon, cane sowing as output seen lower in 2024-25

India may allow sugar exports after assessing the final sugarcane sowing and output in the 2024-25 season, as the world's biggest producer after Brazil is expecting a lower sugar output of 30 million tonnes next season, sources said. For the current 2023-24 season ending September, sugar production has reached 31.5 million tonnes so far, with the final output likely to touch 31.8 million tonnes as mills in Tamil Nadu and Karnataka wrap up crushing, the sources added. Last year, India produced 32.8 million tonnes of sugar. Sugar production in the 2024-25 season is estimated to be lower at 30 million tonnes due to lower sowing in Karnataka, as per trade estimate, the sources added. "The industry has demanded exports of 1 million tonnes of sugar. Since we are expecting lower sugar output next year and stocks are required for ethanol production, the priority of the government is to ensure available stock for domestic consumption as well as for ethanol," one of the sources said. "Expor

ISMA revises upwards estimates of gross sugar output to 34 mn tonnes

Sugar industry body ISMA on Wednesday revised its estimates for gross production of the sweetener by 9.5 lakh tonnes to 340 lakh tonnes in the marketing year ending September. In January, Indian Sugar Mills Association (ISMA) had projected the gross sugar production, without any diversion for ethanol, at 330.5 lakh tonnes in 2023-24 marketing year (October-September). In a statement, ISMA said the gross sugar production is now estimated at 340 lakh tonnes in 2023-24, as against the gross output of 366.2 lakh tonnes in the previous year. The executive Committee of ISMA in its meeting held on March 12, noted the sugar recovery, cane yield, remaining harvestable area / sugarcane and expected dates of closure of factories in different States. The panel agreed that sugarcane availability in Maharashtra and Karnataka is higher than expected. However, cane availability in another major state, Uttar Pradesh, is predicted to be lower than earlier estimates. "Accordingly, ISMA has revised

India sugar crop woes create opportunity for Dubai's Al Khaleej refinery

Al Ghurair said India had stopped exporting because of bad weather and this had created more demand, at least temporarily

T'gana CM Revanth Reddy seeks comprehensive report on Nizam Sugar Factory

Telangana Chief Minister Revanth Reddy has directed a Cabinet sub-committee to submit a comprehensive report on the revival of the Nizam Sugar Factory

Sugar factory lying shut in Goa to resume in one year, produce ethanol: CM

A state-run sugar factory, which has been shut in South Goa since 2019, would resume operation in the next one year and produce ethanol from sugarcane, Chief Minister Pramod Sawant has said. The Request For Qualification (RFQ) has been invited from the eligible bidders to re-start the Sanjivani Sugar Factory to produce ethanol from the sugarcane available in the surrounding talukas, he told reporters on Tuesday. The assurance was given as the sugarcane farmers were protesting since January 2, demanding resumption of operations at the factory, located at Usgao village in South Goa district. The state-run factory, which was started in 1974, produced sugar by procuring sugarcane from farmers till 2019, before it was shut due to the mounting debt. Sawant said the farmers need not protest as they are already being offered compensation for the last four years due to closure of the factory. He said the farmers have been cumulatively paid a compensation of Rs 30 crore by the state ...

OMCs hike procurement price of ethanol produced from C-heavy molasses

After the hike, the procurement price of ethanol produced from C-heavy molasses would be Rs 56.28 per litre as against Rs 49.41 per litre in 2022-23 procurement season

India may need to import sugar as planting wanes due to weak rains: Report

Sugar output could be even lower in the next crop year, which runs to September 2025

Government allows cane juice, B-molasses to make ethanol in 2023-24

The government on Friday allowed sugar mills to use both cane juice and B-heavy molasses to produce ethanol but capped the diversion of sugar for the purpose at 17 lakh tonnes for the ongoing 2023-24 supply year. The latest decision comes a week after the government prohibited the use of sugarcane juice and sugar syrup for making ethanol, amid the industry seeking reversal of the decision. "The flexibility has been given to sugar mills for using both sugarcane juice and B-heavy within an overall cap of 17 lakh tonnes of diversion of sugar for making ethanol in the ongoing 2023-24 supply year (November-October)," Food Secretary Sanjeev Chopra told PTI. A committee of ministers took the decision during its meeting on Friday, he said. The decision has been taken amid representation received from the industry to review the December 7 order that banned use of cane juice and sugar syrup with immediate effect. It, however, had allowed supply of ethanol from existing offers received by Oi

Sugar companies, govt eye truce on ethanol ban from sugarcane juice

No rollback of December 7 order; firms call for one-time waiver

Stop producing ethanol from sugarcane juice: Govt to all sugar mills

The 2023-24 sugar season started in October, while the ethanol supply year (ESY) started in November

India braces for 8% sugar output dip as sugarcane crop suffers: Trade body

The trade body did not provide an estimate for net sugar production after the diversion of sucrose for ethanol production, but it stated that the output would exceed the country's annual consumption

NCLT dismisses petition against Bajaj Hindustan after withdrawal by SBI

The company owed banks about Rs 4,771 crore and had availed itself of two debt-restructuring schemes, leading to steep haircuts taken by the lenders

Sugar mills float various options to beat a challenging 2023-24 season

The production in the 2023-24 sugar season, according to the current emerging consensus, is expected to be somewhere around 30-31 million tonnes

Sugar market eyes restrictions from India after lower monsoon rains

The global sugar market has been jittery for weeks on concerns that poor rains will crimp output and prompt India to restrict shipments to contain local prices ahead of an election next year

World eyes India's sugar output as Centre tightens screws on traders

With the world sugar production in 2023-24 poised to go into deficit due to expected drop in production in Thailand, India remains among the very few countries which is in a position to export sugar

Local sugar supplies may pip demand in 2023-24, industry estimates

This comes even as there could be a deficit globally

Indian sugar production concerns drive local prices to 6-year high

This could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are near their highest in more than a decade

Lack of rain may bring down sugar production in Maha, Karnataka: Official

Lack of rainfall may bring down sugar production in Maharashtra and Karnataka, an official from the National Federation of Co-operative Sugar Factories Limited said on Thursday. In order to meet domestic demand, there could even be a ban on exports, National Federation of Co-operative Sugar Factories Limited chairman Jaiprakash Dandegaonkar told PTI. "The expected sugar production for the year was 330 lakh tonnes but there could be a dip, while the carry over stock in the country is 65 lakh tonnes. The demand nationwide is 275 lakh tonnes and 50 lakh tonnes will be diverted for ethanol production," he said. "So to meet the domestic demand of 275 lakh tonnes, a ban may be imposed on sugar exports this year. India doesn't export sugar regularly. In the last two years, a global shortage of sugar saw India exporting 60 lakh tonnes," he explained. However, Dandegaonkar asserted that ethanol production target will be met despite dip in sugar production.

Sugar production declines 9% in 2022-23 season due to low recovery

Sugar production has also fallen in Karnataka and Gujarat

Elections to ethanol blending: Sugar production drop weighs on stakeholders

The government reportedly considering a blanket ban on exports to cool down prices