Page 7 - Sugar Mills

Tamil Nadu sugar mills seek support from centre, state to boost output

The Sugar Mills in Tamil Nadu has sought help from the central and state governments to improve its performance in the next sugar season starting October, 2018. The industry, which thanked the central government for favourable decisions on subsidy and others, has sought the State Government to allow them produce power from the co-gen facilities which will help them to improve performance.The industry in Tamil Nadu has reported the lowest recovery in last five years, during the season ending September, this year, owing to the lack of proper rainfall.According to the South Indian Sugar Mills Association, Tamil Nadu (SISMA TN), the capacity utilisation for the season ending September, 2018 has come down to 27 per cent from the pervious year's 39 per cent. The quantity of cane crushed was around 8.2 million metric tonne compared to 11.9 million metric tonne during the previous season. The sugar production has come down to 7,08,000 metric tonne compared to over one million metric tonne ...

Tamil Nadu sugar mills seek support from Centre, state govt for new season

The Sugar Mills in Tamil Nadu has sought help from the central and state governments to improve its performance in the next sugar season starting October, 2018. The industry, which thanked the central government for favourable decisions on subsidy and others, has sought the State Government to allow them produce power from the co-gen facilities which will help them to improve performance.The industry in Tamil Nadu has reported the lowest recovery in last five years, during the season ending September, this year, owing to the lack of proper rainfall.According to the South Indian Sugar Mills Association, Tamil Nadu (SISMA TN), the capacity utilisation for the season ending September, 2018 has come down to 27 per cent from the pervious year's 39 per cent. The quantity of cane crushed was around 8.2 million metric tonne compared to 11.9 million metric tonne during the previous season. The sugar production has come down to 7,08,000 metric tonne compared to over one million metric tonne ...

Cabinet clears another Rs 55-bn bailout package for sugar mills

Package includes direct assistance of Rs 41.63 bn to farmers linked to 5 mn tonnes export

Yogi government to invest Rs 1.56 billion to revive six distilleries

These distilleries owned by the UP cooperative sugar mills federation had been temporarily shut following the CPCB order over non-compliance of environmental norms

Making ethanol under new method could solve India's sugar surplus problem

Experts said that making ethanol from B-heavy molasses and cane juice would allow the possibility of a reduction in sugar surpluses, thus indirectly supporting sugar prices

Adityanath govt hopes to harness sugar mills for food processing in UP

The state's sugar mills are idle for six to seven months a year, after cane crushing gets over

Sugar prices decline as govt looks to crack down on mills for arrears

The central government's threat of strong action against sugar mills for mounting arrears of payment to cane farmers has come along with a sustained fall in the price of sugar.Union food minister Ram Vilas Paswan has said he wrote last week to the governments of all major sugar producing states to take action in this regard. In the same period, both wholesale and factory-gate sugar prices have fallen by Re 1-1.5 a kg across the country. Mills protest that they are selling their produce at Rs 26 a kg, nearly Rs 5-6 a kg lower than at the start of the current crushing season last October. Also, that the current price is about Rs 10 a kg less than the average cost of sugar production. Even after considering Rs 6 a kg realisation from byproducts, including distillation (molasses, rectified spirit and ethanol) and co-generation (energy), the loss is still about Rs 4 a kg.And, with sugar production estimated to surpass consumption by around 20 per cent in the current season and the next, ...

Sugar export incentives not to benefit mills due to sharp decline in prices

The government in two separate notifications on Wednesday allowed sugar mills to export up to 2 million tonnes of sugar till September 2018 under the Duty Free Import Authorisation (DFIA)

Sugar mills urge govt to re-introduce minimum indicative export quota

Ask for an earlier scheme to be revived as prices slide after surplus production

Sugar mills, farmers stress to continue despite increase in prices

Cane crushing still unviable, farmers dues may sky rocket: incentivising exports is the solution

Southern sugar mills operating at 25% capacity due to chronic cane shortage

Increase in production cost, reduction in sugar prices increased pressure

Sugar mills face margin squeeze

Most sugar mills had reported healthy profits in the October-December quarter last year

Mills fret as prices of sugar and molasses plunge

Price of molasses has declined to Rs 900 a tonne in UP and Rs 2,200 a tonne in Maharashtra. At the peak last year, this was Rs 8,300 a tonne

Sugar mills fret as prices plunge of sugar and molasses

Data from ISMA shows the average cost of sugar production in Uttar Pradesh and Maharashtra at Rs 37 a kg and Rs 34 a kg

UP sugar mills urge Adityanath to clear Rs 475 cr power dues

Apathy delaying Uttar Pradesh sugarcane farmers payments

Sugar prices down; mills want stock limits to be lifted

Early arrival of new season production has pushed sugar prices down, say mill owners.A note from Indian Sugar Mills Association (Isma) said sales in the festival months of September and October were around 4.1 million tonnes, compared to about 4.2 mt in the same two months last year. The M-30 variety is now selling here at Rs 3,772 a quintal, down 3.4 per cent from July's Rs 3,905 a qtl. Isma says the ex-mill price in Maharashtra is estimated at Rs 34-35 a kg and in Uttar Pradesh at Rs 352-36 a kg, against the all-India average cost of production of Rs 37.5 a kg. This, it complains, is putting pressure on mills' realisation. The Association estimates sugar production this season (it began on October 1, nearly 25 per cent higher than the one before, at 25.11 mt. Hence, it says, it has asked the government to withdraw the stock holding limit on traders with immediate effect. Else, it says, cash flow will be affected, affecting mills' capacity to pay cane farmers." The 2017-18 season's .

Sugar mills hoping for recovery in ethanol blending with petrol this year

During the last season, 2016-17 droughts in some parts of Maharashtra, Tamil Nadu led to less sugarcane output and hence, lower availability of ENA

Profitability of sugar mills in south India to remain under pressure

Rise in cost production impacting profits

UP sugar mills to advance crushing by a month to boost supply

The state reported bumper sugar production at 8.2 million tonnes for 2016-17

Govt directs sugar mills to curtail prices immediately

The sugar prices had hit a three-months high in major mandis