Sugar production in Uttar Pradesh, the country’s largest sugar producing state in 2019-20 season, is likely to fall by around 20 per cent year-on-year to around 100 lakh tonnes in the October 2020-September 2021 season as against 126 lakh tonnes in the last season. The dip in production is primarily due to diversion into ethanol […]
The 497 sugar mills operational in the country have together produced nearly 209 lakh tonnes of sugar till February 15 as against 170 lakh tonnes in the corresponding period last year, an increase of nearly 23 per cent. According to a press release issued by industry body Indian Sugar Mills Association (ISMA), while 183 sugar […]
Failing to create adequate tankage for ethanol supplied by sugar producing distilleries, oil marketing companies (OMCs) have started reallocating contracted quantities from several depots, which the distilleries had competed to obtain, to faraway depots in other states. This takes several days, resulting in huge financial losses to the distilleries. In a series of letters exchanged […]
India’s 491 sugar mills have together produced 176.83 lakh (17.683 million) tonnes of sugar in the first four months of the current sugar season, which started on October 1. In the corresponding period of the previous season, the mills produced 141 lakh tonnes. The output is up by around 25%, prompted primarily by an increased […]
India’s sugar output estimate has been revised lower by 8 lakh tonnes to 30.2 million tonnes for the ongoing 2020-21 marketing season (October-September), industry body ISMA said. The output has been estimated after taking into account a likely diversion of about 2 million tonne of cane juice and B-molasses for ethanol production, it said. However, […]
India’s sugar production increased by 42 per cent year-on-year during October-December period at 110.22 lakh tonnes on higher cane output and an early start of mills in Maharashtra, according to trade data. Sugar marketing year runs from October to September. Indian Sugar Mills Association (ISMA) said in a statement that mills produced 110.22 lakh tonnes […]
Union Food Minister Piyush Goyal has said the government cannot reduce the minimum price at which sugar mills have to purchase sugarcane from farmers and urged the industry to expand product portfolio as well as remain profitable rather than depend on central subsidies. Sugarcane is bought by sugar mills at a Fair and Remunerative Price (FRP), which is also the minimum selling price fixed […]
Finally, the Indian cabinet approved an assistance of Rs 3,500 crore for exports of six million tonnes of sugar in the current marketing year to get rid of the excess sugar from the domestic market and help cash-strapped mills clear dues to cane farmers. This subsidy amount, however, will be directly credited into the accounts […]
India’s sugar production jumped over two-fold at 42.9 lakh tonnes during October-November due to early start of mills this season, according to industry body ISMA (Indian Sugar Mills Association). Sugar marketing year runs from October to September. According to ISMA data, the country’s sugar production stood at 42.9 lakh tonnes during October-November period of 2020-21 marketing […]
India, the world’s second-largest sugar producer, has started inching ahead in a blending program for mixing ethanol with gasoline, after years of little progress. However, a tough battle lies ahead. Currently, the blending percentage in India is hovering around 5.1% and at this pace the final blending rate is expected to be around 5.25% during […]