Page 3 - Sugar Production

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

Indian sugar prices climb as production drops amid record demand

Sugar demand rises as consumption of cold drinks and ice cream climbs in India during the summer months that run roughly from April to June

Govt unlikely to permit additional sugar exports due to fall in production

The government is unlikely to permit additional sugar exports this year as untimely rains have impacted the production in Maharashtra, Food Secretary Sanjeev Chopra said on Thursday. The food ministry has allowed 6 million tonnes of sugar exports for the current 2022-23 marketing year (October-September). Out of which, about 4 million tonnes have been exported so far, as per the trade report. "We have a sugar production target of 38.6 million tonnes (including diversion for ethanol). Maybe production will go down by 2-3 lakh tonnes due to unseasonal rains in Maharashtra," Chopra told reporters on the sidelines of a press conference here. In view of likely fall in sugar output, the Secretary said, "Additional sugar export quota is unlikely to be allowed." Sugar production in India, the world's second largest sugar producing nation after Brazil, remained lower by three per cent at 29.96 million tonnes in the first six months of the 2022-23 marketing year ending September, as per the

Sugar stocks in focus: Balrampur hits 11-month high; Triveni, Dalmia up 3%

India's sugar production fell 3 per cent to 29.9 million tonnes (MT) in the first six months of the 2022 23-marketing year ending September, according to industry body ISMA.

Sugar output falls 3% to 29.96 mn tonnes in Oct-Mar of 2022-23: Isma

India's sugar production fell 3 per cent to 299.6 lakh tonnes in the first six months of the 2022-23 marketing year ending September, according to industry body ISMA. Sugar output stood at 309.9 lakh tonnes in the corresponding period of the previous year. The sugar marketing year runs from October-September. As per the data, sugar production in Uttar Pradesh rose to 89 lakh tonnes during October 2022-March 2023 period from 87.5 lakh tonnes in the year-ago period. Maharashtra's sugar production fell to 104.2 lakh tonnes from 118.8 lakh tonnes, while output in Karnataka declined to 55.2 lakh tonnes from 57.2 lakh tonnes. ISMA has projected production for 2022-23 to 340 lakh tonnes against 358 lakh tonnes in the 2021-22 marketing year.