Page 14 - Sugar

India seen holding off sugar policy change despite price surge

Traders don't foresee any imminent action by authorities as revised forecasts would still exceed domestic consumption

Sugar futures climb 0.76% on pick up in demand

Analysts attributed rise in sugar futures to rising demand from retailers as well as bulk consumers in spot market

Sugar shares in focus; Balrampur, Dhampur, Upper Ganges hit 52-week high

Simbhaoli, Oudh Sugar, Uttam Sugar, Parrys Sugar, Mawana Sugars & Dwarikesh Sugar frozen at upper circuit.

Govt permits export of 723 tonne of more sugar to US under low tariff rates

Exports are likely see an over 80% jump to 20 lakh tonnes in 2015-16, even as the production is set to drop by 9%

Sugar industry cuts year's output estimate

Production likely to fall by 9% from last year's 28.3 mn tonnes

India likely to export about 2 mn tonnes sugar in FY16

Sugar mills have so far contracted 1.4 million tonnes for exports.

Sugar shares extend rally; Dwarikesh, Dalmia Bharat, Oudh Sugar zoom over 70% in two weeks

Bannari Amman, Dalmia Bharat Sugar, Dwarikesh Sugar, Oudh Sugar and Riga Sugar hit 52-week highs on BSE

Global cues may push up sugar prices

Domestic price up 4% in wholesale markets; Maharashtra govt may offer export sops

Sugar stocks extend rally; Dwarikesh Sugar, Balrampur Chini hits 52-week high

Dwarikesh Sugar, Dalmia Bharat Sugar, Oudh Sugar and Uttam Sugar rallied more than 9% each on the BSE.

Indian mills clinch sugar exports deals, first in 2 months

Maharashtra's decision to exempt cane purchase tax, higher global prices made overseas sales attractive

Sugar shares rally; Dwarikesh Sugar, Shree Renuka up 10%

Dwarikesh Sugar, DCM Shriram, Dhampur Sugar, Sakthi Sugars and Uttam Sugar have rallied over 10% each

Sugar industry representatives meet Jaitley, Rajan on their woes

The debt burden of the sugar sector has risen four times from Rs 11,000 crore in March 2008 to more than Rs 40,300 crore in March 2015

Indian sugar exports slow to Myanmar, smuggling gateway to China

Flows of Indian white sugar to Myanmar, a gateway for smuggling into China, are slowing down, while Brazilian sugar becomes more competitive

Haryana produces over 15.66 lakh quintals sugar: Official

Cooperative Sugar Mill Shahabad has so far crushed a maximum of 31.31 lakh quintals of sugarcane

Sugar output up 4% this season despite lower cane availability

Mills intensify closure on non-availability of cane; output for full sugar year ending Sept 2016 likely to be lower than last year

Sugar: Tide turning in favour

Lower sugar production and higher exports lead to better domestic realisations, helping companies turn profitable

Interest-free loans to sugar mills will do more harm than good

The much-pampered sugar sector has been given a Rs 6,000 crore interest free loan. In a press conference road and transport minister Nitin Gadkari said that banks will provide Rs 6,000 crore as interest free loan for one year with the government bearing the burden of interest on the loan.