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 […]
Industry body ISMA has demanded an increase in the minimum selling price of sugar to Rs 34.5-35 per kg from the current Rs 31 per kg to boost the liquidity of the millers, while accepting that the Rs 5 per quintal hike in the fair and remunerative price (FRP) of sugarcane will not overburden millers. […]
India’s sugar inventories have fallen by 19 per cent and the country would start the 2021/22 marketing year with lowest stocks in four years. Sugar mills this year exported a record amount according to Indian Sugar Mills Association (ISMA). India is set to export a record 7 million tonnes of sugar in the current season, […]
India’s sugar output during 2021-22 is estimated to remain flat at around 310 lakh tonnes in the next marketing year starting October on higher diversion of cane juice for ethanol manufacturing, according to industry body ISMA. Sugar marketing year runs from October to September. The total area under coverage for sugarcane is estimated to be […]
India’s sugar production increased by 13 per cent till 15 June in 2020-21 marketing year on higher sugarcane production, according to trade data. Sugar marketing year runs from October to September. “Sugar mills across the country have produced 306.65 lakh tonnes of sugar between 1st October 2020 and 15th June 2021. This is 35.54 lakh […]
India’s sugar production rose by 13 per cent to 305.68 lakh tonnes in the first eight months of the current marketing year ending September, mainly due to higher output in Maharashtra, according to trade data. Sugar marketing year runs from October to September. “Sugar mills across the country have produced 305.68 lakh tonnes of sugar between October 1, 2020 […]
Sugar mills industry body ISMA has urged the government to raise the minimum selling price (MSP) of sugar from Rs 31 per kg to help millers clear cane dues to farmers. The liquidity of sugar mills has been hit due to the lower prices of the sweetener, ISMA said. Cane arrears in the country stood […]
Sugar mills across the country have together produced 299.15 lakh tonnes of sugar till 30 April this year, against 258.09 lakh tonnes produced at the same time last year, an increase of nearly 16%, industry body ISMA (Indian Sugar Mills Association) said. Releasing the production figures, ISMA said mills in Uttar Pradesh, the country’s largest […]
The cycle seems to have turned within a decade. Around 10 years ago, a wave of grape cultivation had gripped Maharashtra. Farmers ditched sugarcane and turned to grapes in huge numbers. Today, farmers are ditching grape farming and turning back to sugarcane cultivation. Fact is grape cultivation has turned costlier in the state. Grape vines require a lot of […]
Cane dues to be paid by sugar mills to farmers has risen by 19.27 per cent to Rs 22,900 crore till February of the 2020-21 season from the year-ago period, due to depressed sugar prices that have adversely affected the liquidity condition of mills, industry body ISMA said. To improve the revenue realization of mills […]
