Sugar Surplus

Time to bet on sugar stocks? Dhampur, 4 others can rally up to 25%: charts

Should you bet on sugar stocks ahead of the new sugar season? Technical charts suggest that these 5 stocks can potentially rally up to 25% from here.

India's sugar output to rise 18% in 2025-26; ISMA seeks 2 mt export quota

With output set to surge, ISMA urges 2 mt export quota and 5 mt ethanol diversion amid growing demand and strong monsoon-linked cane yields

Sugar stock seen sufficient for late-2025 despite output fall: NFCSF

NFCSF projects overall 2024-25 season sugar production at 26.11 million tonnes, down from 31.9 million tonnes in the previous season

India's perpetual sugar glut needs ethanol and export support

Households have reduced spending on the food item for two decades now, but its production keeps increasing

India exports 7.5 mn tonnes sugar till May 18 in current marketing year

India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. Sugar marketing year runs from October to September. "Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season 2017-18," the ministry said in a statement. The major importing countries are Indonesia, Afghanistan, Sri Lanka, Bangladesh, UAE, Malaysia and African countries. In 2017-18, 2018-19, 2019-20 marketing years, about 6.2 lakh tonnes, 38 lakh tonnes and 59.60 lakh tonnes of sugar were exported, respectively. In 2020-21, about 70 lakh tonnes of sugar have been exported. "About Rs 14,456 crore (have been) released to sugar mills in past 5 years to facilitate export of sugar and Rs 2,000 crore as carrying cost for maintaining buffer stock," the statement said. Millers have contracted for export of about 90 lakh tonnes of sugar in 2021-22. Out of which, 75 lakh tonnes have been exported till

Sweetener for sugar exports: Forecast of global shortage offers fresh hope

This is because the Indian industry contending with brimming inventories has been given a mandate by the government to sell 6 mt in the world market

Cabinet approves Rs 6,268 crore export subsidy for 6 mn tonnes of sugar

This will benefit millions of farmers in Uttar Pradesh, Maharashtra and Karnataka as well as other states

Sugar surplus to rise to 5.3 mn tonnes for 2017/18 crop year: WISMA

The higher-than-expected surplus could pressure local prices even lower even after they fell last week to their lowest since December 2015