Page 4 - Sugar

India loses WTO dispute over sugar subsidies; set to file an appeal

In its response to WTO members over the concerns, India said the support given was largely to small and marginal farmers and was in accordance with its commitments at the trade body

India exports 939,000 tonnes of sugar so far this marketing year: AISTA

Sugar mills have exported 9.39 lakh tonnes of the sweetener till the first week of December during the ongoing 2021-22 marketing year that started from October 1, and are not in hurry to sell further

EID Parry net profit down 17% to Rs 470 crore in Q2 on dip in exports

Consolidated sugar operations, including refinery business, reported a loss before interest and tax of Rs 28 crore during the quarter

Sugar output pegged lower by 2.2% for 2021-22 season: ISMA

Sugar output was at 31.18 million tonnes in the 2020-21 season

Sugar companies likely to witness 5-7% revenue growth in FY'22: Report

In light of surged global sugar prices, the export prospects look promising for the upcoming sugar season even if export policy isn't announced: Report

ISMA again writes to PMO urging it to increase minimum sale price of sugar

Says though FRP has been raised several times the past few years, MSP has not been hiked the past 30 months

Sugar season 2020-21 to end with lower stocks, Rs 7,000 cr unpaid dues

The record drop in stocks has largely been due to bumper exports of seven million tones and diversion of 2.1 million tones of sugar towards ethanol

ISMA urges PMO to immediately increase minimum sale price of Sugar

Indian Sugar Mills Association says won't impact consumer price as ex-mill sugar price is already higher

Indian mills gear up to make raw sugar for export as global prices rally

Strong demand for raw sugar as Brazil's output drops; traders so far sign contracts to export 725,000 tonnes of sugar

India wants ethanol to fuel its cars, but food inflation is a major risk

The government will fast-track an ethanol program that will divert as much as 6 million tons of sugar toward fuel production annually by 2025, according to the food ministry

After petrol, Pakistan approves hike in flour, sugar, ghee prices

After petrol, now the price of food items including sugar, wheat flour has been increased in Pakistan, amid its worsening economic situation.The Economic Coordination Committee (ECC) of the cabinet on Friday approved an increase in rates of sugar, wheat flour and ghee (butter) at the Utility Stores Corporation (USC) of Pakistan, reported The News International.The price of sugar was jacked up from Rs 68 per kg to Rs 85 per kg, ghee (butter) from Rs 170 to Rs 260 per kg and wheat flour from Rs 850 per bag to Rs 950 per bag at the USC owing to the increasing gap between the subsidised prices offered by the Utility Stores Corporation and the prevailing market prices.The committee approved revision in the prices of three essential commodities to rationalise provision of subsidies by the USC.The News International further reported that the minister for finance and revenue Shaukat Tarin chaired the committee meeting. The committee also approved the import of 200,000 ton sugar, subsidy on ...

India expected to produce 31 mn tonnes of sugar in 21-22 season, says ISMA

This will come despite likely diversion of 3.4 million tonnes sugar towards ethanol

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 production up 13% to 30.56 million tonnes during Oct 2020-May 2021

Sugar production rose by 13% to 30.56 million tonnes in the first eight months of the current marketing year ending September, mainly due to higher output in Maharashtra, according to trade data

India's sugar exports on good course; contracts over 50 lakh tonnes so far

India's sugar exports are on a "good course" this year as traders have contracted over 50 lakh tonnes of the sweetener so far, Food Secretary Sudhanshu Pandey said on Monday.

Sugar stocks on a roll; Dwarikesh, Dhampur, Uttam, Dalmia soar over 15%

India's sugar industry is well poised to benefit from global and domestic factors.

India's sugar production seen rising again in the new season: USDA

Assuming normal rainfall and favorable weather conditions, India's centrifugal sugar production in marketing year (MY) 2021/22 (October-September) is forecast to grow 3% to 34.7 million metric tons

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

Centre's ethanol push prompts sugar mills to increase production

The Centre has floated tenders seeking supply of 350 crore litres of ethanol to be blended with vehicle fuel.

Govt may extend export subsidy for sugar to cash in on bumper production

India, the world's second-largest sugar-producing country, had to offer export subsidies during the last two years in order to reduce surplus stocks