Page 6 - Sugar Exports

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Cabinet may consider proposal to offer Rs 3,600 cr sugar export subsidy

This proposal will be considered as part of the govt efforts to help clear outstanding dues to sugarcane farmers, according to sources

Govt not considering extension of sugar export subsidies for 2020-21: Goyal

The government is currently not considering an extension of sugar export subsidies for the 2020-21 season that commenced this month in view of stable international sugar prices, Piyush Goyal said

Indian sugar export subsidy decision unlikely before state polls: Report

Failure to set a new subsidy allocation will eventually delay exports from the world's second biggest producer of the sweetener and support global prices, which are trading near eight-month highs

India needs to export 6 million tonne sugar as output rebounds: Trade body

The world's biggest consumer of the sweetener is likely to produce 31 million tonnes of sugar in the new season, nearly 13% more than a year ago

Sugar export deadline extended by 3 months till Dec: Food Ministry

The government has given additional three months' time till December to millers to undertake mandatory export of their sugar quota allocated for this year

Simbhaoli hits upper circuit. Charts indicate more upside for sugar stocks

The government has raised sugarcane Fair and Remunerative Price (FRP) by Rs 10 a quintal for 2020-21 season

Dalmia Bharat Sugar's Q1 net profit jumps over two-folds to Rs 125.86 cr

The company had posted a net profit of Rs 54.39 crore in the same quarter year ago, according to a regulatory filing.

India likely to export 6 million tonnes of sugar in 2019-20: Trade body

The current season began on October 1

Despite lockdown, sugar mills contract for 4.2 million tonnes of exports

3.6 MT shipped by mills so far; Indonesia, Iran major offshore destinations

Sugar exports rise on weak rupee, strong demand from Indonesia, Iran

Sugar mills have already dispatched 3.7 million tonnes out of around 4.1 million tonnes of contracts signed for exports in the 2019/20 marketing year ending on September 30

India's sugar exports to Malaysia in 2020 hit record amid trade spat

The record buying could also help India, the world's biggest producer of sugar, to cut stockpiles that are squeezing domestic prices

Centre reallocates unused sugar export quotas to boost shipments

To reduce that debt and pare rising inventories, New Delhi has approved a subsidy of Rs 10,448 ($145) a tonne for exports of 6 million tonnes in the 2019/20 season.

Govt allots 650,000 tonnes of unused sugar export quota under MAEQ scheme

India has exported 3.8 million tonne of sugar during 2018-19 marketing year against the mandatory quota of 5 million tonne

Government tweaks guidelines to ensure sugar exports meet the target

ISMA and traders have estimated that exports would be about 5 million tonnes (mt) this season, against 6 mt of MAEQs issued by the government

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

Sugar exports looking up, contracts worth 2.5 million tonnes signed

Domestic industry eyeing total sugar exports of 5 MT this season

India's sugar output down 30.22% in Oct-Dec 2019; prices stable: ISMA

Ex-mill sugar prices have remained steady in the range of Rs 3,250-3,350 per quintal in north India and at Rs 3,100-3,250 per quintal in the south India, the industry body added

Indian sugar industry poised to export 5 mn tonne, likely to set new record

Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct. 1, 2019

Govt gives sugar mills time till Dec 31 to export last year's balance quota

This will be over and above the quota allocated for the ongoing 2019-20 marketing year.