India’s sugar production is estimated to decline 14 per cent to 28.2 million tonnes in the next marketing year starting October, mainly due to fall in sugarcane acreage due to less rains in states like Maharashtra and Karnataka, according to industry body, Indian Sugar Mills Association (ISMA). Sugar output is likely to be at 32.95 […]
Sugarcane arrears to farmers touched nearly Rs 19,000 crore as on June 18 of the ongoing marketing year ending September with maximum amount owed by sugar mills in Uttar Pradesh, according to the government data. Mills in Uttar Pradesh owe the maximum amount at Rs 11,082 crore, followed by Karnataka (Rs 1,704 crore) and Maharashtra […]
India’s sugar production rose by 6% to 273.47 lakh tonnes till March 15, 2019, the Indian Sugar Mills Association (ISMA) said in a statement. On the corresponding date last year, 258.20 lakh tonnes had been produced with 399 mills operating as on 15th March 2018, the industry data said. “During 2018-19 SS, 527 sugar mills […]
India’s sugar production till December 31, 2018 was up by 6.7 per cent to 110.52 lakh tonnes as compared to 103.56 lakh tonnes in the same period last year, industry body Indian Sugar Mills Association (ISMA) said in its latest report. As on the last day of 2018, 501 sugar mills were in operation in […]
The Chinese delegation is exploring ways of firming up long-term arrangements for import of sugar from India. A high-level delegation from the Chinese sugar industry visited Delhi, Uttar Pradesh and Maharashtra, two states which account for the bulk of production in the country. India had earlier asked China to consider releasing its raw sugar export […]
Indian Sugar Mills Association (ISMA), an industry body in its report has stated that Indian Sugar mills have produced 39.73 lakh tonnes of sugar till November 30, 2018. The figure is almost similar to the sugar production of 39.14 lakh tonnes during same period of previous year. According to a release issued by ISMA: “As […]
In the past one month due to subdued domestic and export demand, sugar price in India has declined by as much as 5.5 percent, with some grades of the sweetener trading at the government-set minimum selling price of Rs 29 a kg. Price of the S-30 grade Sugar has fallen to Rs 29 per kg […]
India’s sugar sector is in urgent of reform as stocks climb and high cane prices keep production costs far above those of its rivals, the Indian Sugar Mills Association (ISMA) said. “We would ideally like to carry over a stockpile about 4.5 million tonnes. It would suggest that India should be in the international (export) […]
The Competition Commission of India (CCI) has imposed a fine of Rs 38 crore on sugar companies and their associations for alleged rigging of the ethanol tender in 2013. The industry body Indian Sugar Manufacturers’ Association (ISMA) has also been pulled up by the anti-trust regulator. The association has been asked to pay 10 per cent of its […]
The Indian sugar industry has urged the government to hike the minimum sale price (MSP) of sugar to Rs 36 a kilo (kg), from the current Rs 29 and mandatorily fix a quota of export of 7 million tonnes for the 2018-19 season that starts from October. The increase in the MSP by Rs 7 […]
