Page 13 - Sugar

Govt plans to build stockpile of 3 mn tonnes sugar to prop up prices

Local sugar prices have dropped to their lowest in 28 months,

Govt may announce a package of almost Rs 80 bn to bail out sugar sector

This will be in addition to the financial assistance of Rs 5.50 per quintal of sugarcane announced a few weeks ago, costing over Rs 15 billion

Uttar Pradesh sugar mills seek govt help, concerned about next season

Burdened with falling prices, rising arrears and credit woes, they want rescue package and more viable pricing

High oil price may support sugar industry; output to surpass all-time high

The Centre had doubled sugar import duty to 100%, scrapped export duty to check falling prices

Sugar shares in focus; Dwarikesh Sugar, Balrampur Chini up over 5%

Thiru Arooran Sugars, Bajaj Hindustan, Uttam Sugar Mills, Mawana Sugars and Trivenni Engineering & Industries were up in the range of 6% to 11% on the BSE.

Centre may wait for sugar prices to correct before doling out sops

From doubling import duty to fixing the quota of sugar that mills can sell in the open-market, the government has tried it all

Sugar stocks extend fall on concerns of record output

Balrampur Chini Mills, Avadh Sugar & Energy and Dalmia Bharat Sugar and Industries were down 10% on the BSE.

Govt mulls scrapping export duty on sugar in view of falling domestic price

FCI likely to save Rs 1,600 per year on grain procurement post-GST

Govt fixing sugar release quota for mills to arrest falling prices

Move comes days after govt doubled import duty on sugar to 100%, from existing 50% to check cheap imports from Pakistan

Import duty on sugar may be hiked to 100% to protect farmers: Food ministry

India's sugar production estimate has been revised upward by 4 per cent to 26.1 million tonnes in the current 2017-18 marketing year (October-September)

Sugar shares gain; Thiru Arooran, Kesar Enterprises, Uttam Sugar up 8%

Mawana Sugars, Triveni Engineering Industries, Shree Renuka Sugar and Simbhaoli Sugars were up more than 5% on the BSE.

Govt allows import of 3 lakh tonne sugar at 25% duty

Govt in April allowed duty-free import of 5 lakh tonnes of raw sugar to boost domestic supply

Sugar output may rise 24.2% to 25.1 mt in FY18: Source

Higher output will help India to obviate import needs in the next season

World braces for a sugar shock

US cities from Oakland to Philadelphia have started taxing sugar-sweetened beverages

Sugar mills on debt reduction spree

Most sugar mills retire part of their debt, squeeze in margins on high cane cost

Sugar stocks gain on hike in import duty

Ugar Sugar, Sakthi Sugars, Thiru Arooran, Rajshree Sugars, KCP Sugar and Simbhaoli Sugar up 4%-7%

Sugar shares in focus; Shree Renuka surges 20%

Bajaj Hindustan, Ugar Sugar, Simbhaoli Sugars and Sakthi Sugar rallied more than 10% on BSE.

India could import more sugar as prices plunge, rupee strengthens

India is the world's biggest sugar consumer

Sweet talk: Sugar output seen jumping in Maharashtra

That jump would help push the country's sugar production back near consumption levels

Another 18 days for zero-duty raw sugar import

Centre extends deadline for companies and importers to import a total of 500,000 tonnes of raw sugar