The government will soon announce export quota of sugar for next marketing year starting October, Food Secretary Sudhanshu Pandey said. He however did not disclose the quantity of sugar that will be allowed for export in 2022-23 marketing year. “We will soon announce the sugar export policy for next season,” Pandey told reporters here on the sidelines […]
Indian Sugar Mills Association (ISMA) has urged the government to increase the minimum support price (MSP) of sugar from the current level of Rs 31 per kg to at least Rs 36-37 per kg in line with fair and remunerative price (FRP) of cane. MSP of sugar was last announced in February 2019. In a […]
Sugar mills have urged the government to allow exports of 8 million tonnes (MT) of sugar under the open general licence (OGL) in the next season which commences from 1st October. This, according to the Indian Sugar Mills Association (ISMA), will help the sugar mills enter into future exports contracts well in advance prior to […]
India has exported 75 lakh tonnes of sugar till May 18 in the current marketing year ending September, the Food Ministry said on Thursday. Sugar marketing year runs from October to September. “Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season 2017-18,” the ministry […]
India’s sugar exports may touch 85 lakh tonnes in the ongoing 2021-22 marketing year ending September, as per the estimates of global trade houses, industry body ISMA said. While the country has contracted 72 lakh tonnes of sugar export, the physical exports have been around 56-57 lakh tonnes till March-end this year, it said. Sugar […]
India’s sugar export is estimated to rise by 7 per cent to 75 lakh tonnes in 2021-22 marketing year ending September, the government said in the Rajya Sabha on Friday. In a written reply to the Rajya Sabha, Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said: “As a result of various […]
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 stock in view of sluggish global price trend, trade body AISTA said on Tuesday. About 4.68 lakh tonnes of sugar […]
The country’s sugar mills have produced 47.21 lakh tonnes of sugar till November 30, around 4.19 lakh tonnes higher than last season’s production for the corresponding period. Last year, sugar mills had produced 43.02 lakh tonnes at same time. The Indian Sugar Mills Association (ISMA) has attributed the higher production to an early start of […]
The Indian Sugar Mills Association (ISMA) has pegged the country’s sugar production at 305 lakh tonnes in the ongoing 2021-22 season, primarily due to diversion of sugar towards ethanol production. Sugar output was at 311.8 lakh tonnes in the 2020-21 season. After Brazil, India has begun diverting sugarcane for its ethanol blending program. With higher […]
With the new sugar season round the corner, the Indian Sugar Mills Association (ISMA) has written to the Prime Minister’s Office (PMO) to immediately increase the minimum sale price (MSP) of sugar from Rs 31 per kg to Rs 35 per kg to prevent shortage of liquidity with mills and the resultant high cane price […]
