Page 16 - Sugar

Centre lifts subsidy on distribution of sugar via PDS, onus now on states

Overall subsidy burden on the government would go up marginally by 5% in 2017-18

Import duty cut a risk to sugar rally

Last week, Isma reduced its production assessment for the ongoing sugar season to 21.3 mt

Over a third of Maharashtra's sugar mills shut on lower cane availability

Sugar output in the state down 28% to 3.14 mn tonnes as of Jan 15; wholesale prices surge 5%

Big sugar's secret ally? Nutritionists

All foods supply calories and there is no difference between calories that come from sugar

Sugar price hits 7-year high on higher demand from stockists

Industry estimates India's sugar production to be 23.5 million tonnes this year

8 sugar stocks hit 52-week high

Balrampur Chini, DCM Shriram, Dhampur Sugar, EID Parry, Dwarikesh Sugar, KM Sugar and Triveni Engg hit 52-week highs.

Sugar shares extend gain; Dwarikesh Sugar, Dhampur Sugar hit 52-week high

Oudh Sugar, Dhampur Speciality, Thiru Arooran, Upper Ganges, Ugar Sugar and Mawana Sugars were up 5%-7%.

Govt to have sufficient sugar; no plans to cut import duty

The import duty on sugar at present is 40% and no overseas purchase is taking place

Sugar output to be lower than expected as drought hits crops

In the past two years, back-to-back droughts have ravaged the cane crop in Maharashtra

Sugar shares extend rally; Simbhaoli, Uttam Sugar, Thiru Arooran up 20%

Rajshree Sugars, Dharani Sugar, Riga Sugar, Mawana Sugars and Kesar Enterprises were up 10% -19 on BSE.

Sugar stocks rally on hopes of debt restructuring

Dwarikesh Sugar, Oudh Sugar, Upper Ganges, Parrys Sugar, Mawana Sugars and Rana Sugars up 6% to 15%

Balrampur Chini gets green nod for Rs 72-cr expansion project

Balrampur Chini has 11 factories in UP having an aggregate crushing capacity of 79000 tonnes per day

Sugar company stocks up as lifting resumes from bulk consumers

With this upsurge in stocks, over half of the decline since the demonetisation has been reversed

Sugar stocks rally on heavy volumes; Dwarikesh, Upper Ganges up 10%

Dwarikesh Sugar, Oudh Sugar, Upper Ganges, Parrys Sugar, Uttam Sugar and Simbholi Sugars were up 8%-15%.

UP sugar mills in sweet spot with 0.5% higher recovery

Barring 1.5-2 per kg decline due to demonetisation, prices remain elevated

Sugar price to remain elevated on global deficit, lower domestic output

Profitability prospects of sugar mills brighter in short term, say rating agency Icra in its latest report

Sugar prices at wholesale market fall by Rs 55 per quintal in New Delhi

Marketmen says besides ample stocks on regular supplies from mills following the beginning of a crushing session pulls down sugar prices

Sugar shares in focus; Upper Ganges, Oudh Sugar up 20%

Upper Ganges, Oudh Sugar, Mawana Sugars, Kesar Ent, Dwarikesh Sugar and Simbhaoli Sugar were up 11% to 20%.

Early start to sugar season

Production, at 787,000 tonnes is a marginal 15,000 tonnes higher as compared to last year on the same date

India sweet tooth just got more expensive as sugar output slides

About 9 per cent of crops were in bad condition, up from 5.5 per cent in the 2015-16 survey