Page 4 - Sugar Production

Self-reliant sugar industry

Revenue-sharing mechanism can provide a lasting solution

Mills across India want people to consume more sugar: Here is why

Consumption in India has stagnated at 19 kilograms per capita per year compared with a global average of 23 kilograms

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

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

Farmers' stir: UP plans to advance sugarcane crushing season to Oct 15

India's top sugar producer, UP had logged over 12 million tonnes last year

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

Sugar production to increase to 30.5 million tonnes in 2020-21: Ind-Ra

Ind-Ra said it expects sugar production to increase to 30.5 million tonnes in SS21, factoring in a cane diversion equivalent to 1.5 million tonnes of sugar

India sugar production may go up 12% to 30.5 mn tonnes in SY2021: Icra

In Maharashtra, production is expected to increase by 64% year-on-year at 10.1 million tonnes and in Karnataka, by 26% Y-o-Y

Sugar prices command 3-6% premium over MSP on hopes of hike in floor price

GoM recommends hiking MSP to Rs 33 a kg to clear farmers' dues

Sugar output in 2020-21 estimated to rise 12% to 30.5 mn tonnes

This would be 12 per cent higher than estimated production of 27.2 MT in the current 2019-20 cycle

Sugar output in India expected to rise by 17.69% to 32 MT in 2020-21: ISMA

There is likely 1% fall in sugarcane area to 22.92 lakh hectares this year

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

India's sugar mills likely to achieve over 80% of its export quota

The government had allocated 6 million tonnes of sugar quota among 530 mills spread across in the country, depending on their crushing capacity and records

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

Explained: Why sugar-producing firms' stocks are in a favourable cycle

Reducing sugar surplus, rising ethanol procurement, and potential for exports bode well

Sugar production at 4.58 mn tonne till Dec 15, down 35% from year-ago: ISMA

According to the ISMA, 406 sugar mills were crushing sugarcane as on December 15, as against 473 mills on the year-ago same day.

DCM Shriram commissions 200 kl/day capacity at Ajbapur sugar plant

Diversified firm DCM Shriram has commissioned 200 kilo litres per day distillery capacity in its sugar plant at Ajbapur, Uttar Pradesh. Now, the total capacity of the distillery business stands at 350 kilo litres per day. It had earlier commissioned a distillery in 2017-18 at Hariawan with 150 kilo litres per day capacity. The move is in line with the firm's earlier commitment of commissioning the distillery capacity in phases over 18 months to provide stability to the sugar business, the company said, adding it has invested Rs 300 crore in the expansion. "The expansion and upgradation is part of our vision to make the sugar business more robust and thereby providing full integration on molasses. We expect that this expansion will further strengthen the return profile of the sugar business," Ajay S Shriram, Chairman & Sr MD and Vikram S Shriram, Vice Chairman & MD, said. DCM has sugar production units in Ajbapur, Rupapur, Hariawan and Loni in Uttar Pradesh with a combined ...