Page 7 - Sugar Production

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

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

Explained: Why sugar-producing firms' stocks are in a favourable cycle

Reducing sugar surplus, rising ethanol procurement, and potential for exports bode well

Sugar production at 4.58 mn tonne till Dec 15, down 35% from year-ago: ISMA

According to the ISMA, 406 sugar mills were crushing sugarcane as on December 15, as against 473 mills on the year-ago same day.

DCM Shriram commissions 200 kl/day capacity at Ajbapur sugar plant

Diversified firm DCM Shriram has commissioned 200 kilo litres per day distillery capacity in its sugar plant at Ajbapur, Uttar Pradesh. Now, the total capacity of the distillery business stands at 350 kilo litres per day. It had earlier commissioned a distillery in 2017-18 at Hariawan with 150 kilo litres per day capacity. The move is in line with the firm's earlier commitment of commissioning the distillery capacity in phases over 18 months to provide stability to the sugar business, the company said, adding it has invested Rs 300 crore in the expansion. "The expansion and upgradation is part of our vision to make the sugar business more robust and thereby providing full integration on molasses. We expect that this expansion will further strengthen the return profile of the sugar business," Ajay S Shriram, Chairman & Sr MD and Vikram S Shriram, Vice Chairman & MD, said. DCM has sugar production units in Ajbapur, Rupapur, Hariawan and Loni in Uttar Pradesh with a combined ...

Floods, polls in Maharashtra pull down sugar production by 50% to 1.9 MT

Sugar mills have signed contracts for 1.5 MT of exports to Iran, Africa, etc

Indian traders selling old season sugar to Iran after subsidy: Report

Exports from the world's biggest sugar producer could put pressure on global prices but will help India reduce its inventories that have driven down domestic prices

UP sugar mills demand abolition of molasses quota for distilleries

Private millers lament industry subsidising Rs 350 crore to liquor manufacturers

ISO forecasts global sugar deficit of nearly 5 mn tonnes in 2019-20

The ISO noted that consumption growth was expected to be below the 1.8 per cent average seen up to 2016-17

Surplus sugar 'big problem', mills should produce ethanol instead: Gadkari

Gadkari was speaking at the 'Sugar Conference 2020', organised by the Maharashtra State Co-op Bank Ltd here

Output fall won't push sugar prices much beyond MSP of Rs 31 per kilogram

In the 2018-19 season, the government had facilitated creation of a 3 million tonnes sugar buffer stock with an expenditure of around Rs 1,550 crore. The validity of the buffer stock expired on June 3

Sugar output seen falling 14% next season, opening stock to hit record high

Industry pins hope on exports, ethanol procurement by OMCs for buoyancy; opening stock in Oct 2019 seen at thrice 'normative requirement' of 5 mn tonnes in carryover stock

Indian sugar output reaches 32.11 mn tonnes in Oct-Apr; to hit new record

The country's sugar output during the 2017-18 marketing year (October-September) was a record 32.5 million tonnes

Sugar production may be revised lower despite initial optimistic trend

Maharashtra may produce significantly lower quantities of the commodity this year due to drastically lower rainfall and white grub infestation

Sugar production rise 7 pc during Oct-Dec 2018 to 110.5 lakh tonnes

Maharashtra and Karnataka sugar mills started their crushing earlier this year and this resulted in rise in output in the first quarter of 2018-19 marketing year

Australia takes India to WTO over 'market distorting policies on sugar'

Australia alleges that subsidies, which have seen Indian sugar production leap from an average 20 mn tonnes to 35 mn tonnes this year, far exceed level of farmer assistance permitted under WTO rules

Drought, pests set to cut India's sugar output by almost 3 million tons

National yields likely dropped about 10 per cent due to erratic rain across the country