Page 6 - Sugar

In an era of crumbling trade deals, India and Indonesia get closer

The two commodity heavyweights have set a target to double trade to $50 billion in 2025

UP govt asks sugar mills to clear farmers' dues by Oct 31, warns of action

On Wednesday, the Allahabad High Court directed the state government to clear dues of sugarcane growers

Conversion of sugar into ethanol could take time to show results on ground

The 2019-20 sugar season starts from next month and the peak crushing will happen in the first five-six months

Why it may take a while before conversion of sugar into ethanol takes off

Storage issues, financial health of mills are seen as some of the immediate impediments to the process

Edible oil industry shaken on news of oil-for-sugar deal with Indonesia

Units are miffed at the move as there is a lot of idle capacity in the country; sugar industry, on the other hand, has welcomed the development

ISO forecasts global sugar deficit of nearly 5 mn tonnes in 2019-20

The ISO noted that consumption growth was expected to be below the 1.8 per cent average seen up to 2016-17

Govt should allow more sugar diversion for ethanol making: NFCSF

The country is likely to have total 43 million tonnes of sugar supply during the 2019-10 marketing year

Commodity picks: 26 August 2019

Sugar is trading at Rs 3,287 per quintal in Kolhapur, Jeera prices in Unjha are trading at Rs 17,320 per quintal

EID Parry shuts sugar factory in Tamil Nadu, cites cane availability

Tamil Nadu, Karnataka and Andhra Pradesh are major sugarcane producers but weak monsoon for the past few years has hit production badly

Govt fixes export quota of 10,000 tonne of sugar to EU at concessional rate

By availing the CXL concession on export to the EU, traders can export sugar at relatively low or zero customs duty

Sugar alone doesn't cause diabetes: Indian producers want you to believe

Even Pakistanis and Sri Lankans have a sweeter tooth than Indians. What then makes India the diabetes capital of the world?

Cabinet okays Rs 15,500-cr loan for sugar mills to boost ethanol capacity

Sugarcane dues have crossed Rs 20,000 crore till February of this marketing year

Rs 2 per kg hike in MSP to improve sugar mills' cash flow: Report

Additional inflow of funds is set to reduce cane arrears, which surged to Rs 20,000 crore in January

India's sugar output seen falling below 30 mt in 2019-20 on dry weather

A drop in harvest for a second year will potentially cut overseas shipments and support global prices that fell 21 percent in 2018

Centre may hike minimum selling price of sugar to help farmers: Report

India's sugar exports are likely to be far lower than a 5 million-tonne target set by New Delhi despite a government push for overseas sales, industry officials said

Bitter days ahead for sugar as investors line up for 2019 losses

Cane millers can turn crops into either sweetener or biofuel. For a lot of 2018, high gasoline prices meant Brazilian processors favored making ethanol, helping to cap the sugar glut

Sri Lanka emerges the largest sugar importer from India; UAE distant second

Faced with supply glut pressurising sugar prices regularly, the Indian government has visited a number of countries to shell out some of the extra stocks

Oct-Nov sugar production up slightly to 3.97 million tonne: ISMA

In Maharashtra, 167 sugar mills have started their crushing operations and are running in full swing and as on November 30

Why India becoming world's top sugar producer is no good news for companies

India's production, according to the US Department of Agriculture's Foreign Agricultural Service, may rise 5.2 per cent to a record 35.9 million metric tonne on increasing acreage and improving yields

India poised to topple Brazil as the world's biggest sugar producer

Global inventory is forecast to rise as "massive stock building" in India counters lower supplies in China and the EU, the USDA unit said