Page 4 - Sugar Sector

Karnataka govt withholds decision to lease Mysore Sugars

Karnataka government on Monday decided to withhold its decision to lease the Mandya-based The Mysore Sugars Company Ltd (MySugar) temporarily

Sugar stocks sweeten: Triveni, Dalmia, Balrampur, Uttam Sugar gain up to 5%

India's sugar export rose 20 per cent to an all-time high of 7.1 million tonne in the 2020-21 in the marketing year ended ended September 2021 on the back of better demand and financial assistance fro

India's fuel ethanol consumption to rise to meet E20 target: Fitch

Fitch Solutions said on that India's ethanol consumption will increase over the next few years, driven primarily by the government's desire to support the sugar sector by boosting ethanol production

Sugar season 2020-21 to end with lower stocks, Rs 7,000 cr unpaid dues

The record drop in stocks has largely been due to bumper exports of seven million tones and diversion of 2.1 million tones of sugar towards ethanol

Balrampur Chini, Dhampur Sugar: FPR could push stocks near breakout levels

On a breakout, sugar stocks may see up to 24 per cent upside

Indian traders sign sugar export deals in advance as frost hits Brazil

Traders said the likely decline has already lifted sugar prices near their highest levels in 3-years

Sugar stocks on a roll on improved outlook; Shree Renuka zooms 127% in June

Sugar companies are seeing a huge, untapped demand for ethanol for the blending program of the, which can be of benefit to the sector in the future

Sugar shares rally; Dalmia Bharat, Triveni, Dwarikesh zoom up to 19%

On World Environment Day (June 5), Prime Minister Narendra Modi announced that the target of 20 per cent ethanol-blended petrol has been advanced by five years to 2025

India exports 2.49 mn tonne of sugar so far, maximum to Indonesia: AISTA

Sugar mills have exported 2.49 million tonnes of the sweetener so far in the ongoing 2020-21 marketing year ending September

Centre, NITI Aayog working on devising long-term solution for sugar sector

The solution to the sugar Industry problem lies in any or a combo of a price stabilisation fund, the Gujarat model of payment of cane dues and increased focus on ethanol blending

Sugar stocks in focus; Balrampur Chini, EID Parry rally up to 7%

Ethanol is expected to be a key driver for the sugar industry, going ahead

Panel considers a Gujarat-like model of staggered payments to cane growers

Farm leaders object to Gujarat-like model, say can't take pay in tranches

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

Sugar consumption gets to pre-Covid level as hotels and restaurants open up

Demand has emerged from cold drink and ice creams makers that seek to fill pipeline inventory which got diminished during the lockdown due to factory closure and freight disruptions

Sugar sector eyes relief package from Centre amid Covid-19 headwinds

The sugar industry has estimated consumption to fall by 0.5 million tonnes (MT) in the current season owing to the lockdown and the steep fall in institutional sales of sugar

Sugar stocks rally; Balarmpur Chini Mills, Dhampur Sugar soar over 15%

With malls and restaurants being allowed to re-open from June 8, sugar demand is expected to rise

Windfall for sugar mills as Centre allows export of alcohol-based sanitiser

Hit by the slump in sugar demand following lockdown and consequent subdued realisations, mills have run up huge farmers' outstanding pertaining to the current sugar season 2019-20

Falling short

New proposals will not solve the sugar sector problems

UP govt urges Centre, RBI to remove sugar sector from negative list

ISMA had also written to the different central government departments and the Prime Minister's Office (PMO) seeking a slew of reliefs for the beleaguered sector

UP is top ethanol producer after integration with sugar sector: Adityanath

The state produces more than 1,126 mn litres a year, CM claims