Indian sugar mills sign deals to export 2.7 million tonnes of sugar: AISTA

sugar.jpg

Indian sugar mills have contracted to export 2.7 million tonnes of sugar since the current season began on Oct. 1, trade body All India Sugar Trade Association (AISTA) said. Mills have already shipped out 1.7 million tonnes of the sweetener, a top official of the All India Sugar Trade Association told Reuters. Indian mills have […]

Read more

Government support, lower production estimates to provide some respite to Indian sugar mills in near term: ICRA

A downward revision in domestic sugar production estimate to 30.7 million tonnes, as against the first advanced estimate of 31.5 million tonnes, along with a series of government support measures – both by the central government and various state governments- commencing May 2018 have provided some relief to oversupply hit sugar mills. Mr. Sabyasachi Majumdar, […]

Read more

India’s sugar mills produce 39.7 lakh tonnes till Nov 30; set to reach another record

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 […]

Read more

Sugar mills in India’s Maharashtra state to sign export contracts ahead of next crushing season

FullSizeRender-2.jpg

Expecting a bumper crushing season next year, sugar mills in the Indian state of Maharashtra plan to sign export contracts with neighbouring countries before the start of the season. Mills are targeting 3-3.5 million tonnes exports of raw sugar to Bangladesh and China and another 2-2.5 million tonnes of white sugar to Sri Lanka to […]

Read more

India, looking at record sugar output, battles rising surplus and low prices

sugar.jpg

Sugar production in India reached 28.18 million tonnes at the end of last month, up nearly 9.3 million tonnes, the Indian Sugar Mills Association (ISMA) said, sending prices crashing and millers scouring for relief The estimated sugar production in the current season is about 45% higher than last season, ISMA said, adding that of the […]

Read more