Page 2 - Sugar Prices

Explained: How sugar sector shrugged off its bitter cyclical nature

Data shows that in the 10-year period from 2010-11 to 2020-21, India's annual sugar production exceeded domestic consumption in all the years, except 2016-17

How India's sugar sector managed to shrug off its perpetual cyclical nature

Experts cite three key drivers of what they see as a permanent change in production patterns

Sugar stocks trading weak on subsidy squeeze may be an anomaly

The combined market capitalisation (m-cap) of the country's top 15 sugar manufacturers was down 2.8 per cent on average on Friday

Sugar can be exported sans subsidy only under tighter global mkts: industry

Commodity is quoting at $415-420 a tonne in global market currently; industry says price range of $435-440 will make exports without subsidy support viable

Govt cuts sugar export subsidy to Rs 4,000 a tonne on global price rise

Trade sources said it might not impact exports much; of the existing quota of 6 million tonnes, 5.7 million tonnes have already been contracted at higher subsidy rate

Healthy outlook: Investors show their sweet tooth for sugar stocks

Shares of several firms rally between 15% and 20%

Disruption in sugar supply chain likely to be minimal due to lockdown: ISMA

Indian Sugar Mills Association is an industry body

India's Oct-Mar sugar output rises 19% to 27.76 MT; exports gain momentum

The country is the world's second-biggest sugar producer and the higher output could weigh on global prices

India's October-February sugar output jumps 20%, few mills close early

A few mills closed operations ahead of normal schedule, a trade body said on Wednesday

Global price rise turns sugar stocks sweeter; shares of producers up 19-30%

For the past few years, the sugar industry has faced the twin headwinds of surplus production and higher sugar inventory, leading to pressure on sugar prices

Sugarcane pricing

Proposed reforms are good but much more needs to be done

Sugar exports may drop 24% this year due to logistics issues: Trade body

The drop was due to logistics constraints and less chances of shipments to Iran, trade body All India Sugar Trade Association (AISTA) said

EID Parry reports Rs 339 crore Q3 standalone profit vs loss a year ago

Standalone revenue flat at Rs 439 cr, consolidated up 15%

Self-reliant sugar industry

Revenue-sharing mechanism can provide a lasting solution

Higher ethanol prices, procurement can boost sugar sector's prospects

Increase in minimum price of cane and export policy in new sugar season are also crucial to drive earnings

Niti Aayog panel recommends linking sugarcane prices to sugar rates

It has also pitched for a one-time increase in minimum sugar price to Rs 33 per kilo to help sugar mills cover the cost of production

Domestic sugar production, opening stock expected to be higher next season

With the malls and restaurants being allowed to open under unlock 1.0, the sugar demand will further rise.

Govt asks RBI to remove sugar from negative list as virus hits consumption

Such a move would spur infusion of fresh liquidity and working capital in sugar mills, facilitating speedy settlement of cane arrears

Lockdown: Sugar mills face working capital crunch as consumption dips

Industry seeks allocation of special fund to clear pending export subsidy

Stable policy in ethanol sector crucial for Brazilian investment: UNICA ED

Indian government is in the right direction says Sousa