Page 5 - Sugar Mills

India's sugar production estimate revised upwards to 26.5 million tonnes

The industry's closing stock as at the end of September seen at 10 million tonnes

Sugar exports picking up even as delays in release of subsidy loom

Newer opportunities such as exporting to Indonesia are being thrown up but early closure of mills could be an issue

Trade body at variance with ISMA over sugar production estimate

All India Sugar Trade Association sees sugar output falling to 27 million tonnes; This is higher than ISMA's estimate of 26 million tonnes for 2019-20

State govts slash price of electricity generated by sugar mills by 50%

Electricity is generated by sugar mills from molasses in cogeneration units

OMCs float season's 2nd tender, seek 2.5 bn litres ethanol from sugar mills

So far, lower cane availability has impacted ethanol supply for blending with petrol

Double whammy for sugar mills: Late season hits income, OMCs plan action

Late start of season hits incomes while OMCs to take action for not delivering ethanol as committed

UP govt keeps sugarcane price unchanged at Rs 315 per quintal

This is the second straight year that the govt has kept prices unchanged. It had hiked the price by Rs 10 per quintal for the common variety in its maiden year in office, during 2017-18 season

UP orders sugar mills to operate at optimum capacity to avoid penal action

Directive aimed at ensuring vacating fields for rabi sowing

Govt's ethanol-blending policy needs stimulus to adhere to 2022 timeline

The policy, which could be a viable and long-term answer to the cyclicality in the sugar sector

Flood-induced crushing delays lead to 65% drop in sugar production

Sugar mills contract for 1.4 million tonnes of exports in 2019-20 season

As sugarcane crushing gathers steam in UP, focus shifts to crop's price

UP is estimated to produce 45% of India's sugar in 2019-20 cycle

Will pay farmers' dues even if defaulter sugar mills have to be sold: UP CM

Adityanath said his government is making a lot of efforts to get rid of the stagnation created by Samajwadi Party and Bahujan Samaj Party in the past years

Moratorium on Rs 15,000-cr soft loan to sugar mills extended by six months

The soft loan package is being implemented by the food ministry, which provides a list of eligible loan applicants to banks for further process.

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.

Setback to sugar mills as UP hikes molasses quota for country liquor to 18%

Sugar millers claim quota hit their revenues, delayed payment to cane farmers

Sugar stocks in focus; Bajaj Hindusthan Sugar, Avadh Sugar climb up to 10%

According to a Reuters report, India's 2019-20 sugar production should fall to 26.9 million tonnes, 1.3 million tonnes below an August projection.

Global sugar-palm lobbies coming to India to protect their trade

A high-powered industry delegation from major sugar producing countries is expected to come to India in the next few weeks to press their views

Yogi govt moots 'sugar tourism' with trips to mills and ethanol plants

Seven-member panel formed to study proposal, offer recommendations on action plan, selected sugar complexes, mode of travel and coordination with tourism department

Indian traders selling old season sugar to Iran after subsidy: Report

Exports from the world's biggest sugar producer could put pressure on global prices but will help India reduce its inventories that have driven down domestic prices

How UP govt's policies on molasses go against India's aim to use green fuel

UP's decisions on molasses quota for country liquor makers could have a major bearing on the country's green energy production