Page 8 - Sugar

Maharashtra set to produce record sugar levels in new crop season

Higher production will weigh on local prices and may prompt New Delhi to allow sugar exports in the 2022/23 marketing year starting from Oct. 1. Indian exports could weigh on global sugar prices.

Sugar mills object to Centre's move to raise domestic sales quota for Sept

In India, the Central government determines the quantity of sugar that each mill can sell in the domestic market each month which keeps on changing depending upon the demand-supply matrix.

Maharashtra ethanol production expected to reach 1.4 billion litre in 2023

The ethanol production in Maharashtra is likely to reach 140 crore litre next year, sugar industry representatives have said

Govt may allow more sugar exports to prevent defaults on contracts

Any additional exports this year may pressure global prices.

Not so sweet for UP sugar industry as giant Bajaj Hindusthan gets NPA tag

Bajaj Hindusthan badly needs money to shore up its operations but its NPA tag to make raising funds difficult

Lenders tag Bajaj Hindusthan as NPA, debt recast plan under discussion

Bajaj Hindusthan has defaulted to banks, UP farmers; says restructuring proposal is in accordance with RBI circular of June 7, 2019

ISMA seeks 1 mt of additional sugar exports in 2021-22 season

Cites production increase to 36 million tonnes from 35 million tonnes last season

Sugar mills question export quota allotment; Centre says it's transparent

ISMA ups 2021-22 sugar production estimate to a record 36 million tonnes

Govt issues sugar export release orders for 10 lakh tonnes till June 3

The government has capped sugar exports at 100 lakh tonnes for the 2021-22 marketing year (October-September) with effect from June 1

India's protectionist moves spark concern that rice may be next target

India has stockpiled more than enough rice and prices have been under control

Sugar stocks' outlook turns sour as export ban fuels panic selling

While strong lobbying to reverse curbs is expected, share prices are seen hitting new 52-week lows before the new season rolls in

Cap on sugar exports will ensure availability in festivals: Food Secretary

Edible oil industry criticises zero-tariff quota on soy and sun oil; palm imports could fall to an 11-year low.

Don't want surplus wheat, sugar to go in hand of hoarders: Goyal at WEF

22 countries have food regulations to protect their own food security, says union commerce minister

Top headlines: Govt may restrict sugar exports; Snap shares fall 30%

Business Standard brings you top news of the evening

Indian sugar exports at 7 million tons YTD, may touch 9 million tons: ISMA

Indian Sugar Mills Association (ISMA), in a statement, said the country's sugar output has risen to 34.23 mn tonnes till April of the current marketing year, from 30 million tonnes in year-ago period

Sugar exports estimated at a record 9.5 million tonnes in 2021-22

Government says prices won't rise; closing stock levels seen among lowest in last 10 years

Sugar exports likely to jump to 9 million tonnes in 2021-22: ISMA

The sugar marketing year runs from October to September.

India's sugar exports grow by 291% since FY14: Govt

Sugar exports rise by 65% during FY22 alone, says Ministry of Commerce & Industry

India's sugar export may touch 85 lakh tonne this year, says ISMA

Maharashtra, Uttar Pradesh and Karnataka are the top three sugar producing states in the country

India signs deals to export 7.2 million T sugar in 2021/22, says trade body

Mills have already dispatched around 5.7 million tonnes since the start of the marketing year on Oct. 1, the Indian Sugar Mills Association (ISMA) said in a statement.