India might be considering curbing sugar exports with an eye on domestic demand at a time global food prices have risen sharply due to Russia’s invasion of Ukraine. The move comes soon after India banned wheat export, days after if said it would be happy to help feed the world, raising angst across nations. “The […]
World food commodity prices decreased in April after a large jump the previous month, led by modest declines in the prices of vegetable oils and cereals, the Food and Agriculture Organization of the United Nations (FAO) reported today. The FAO Food Price Index averaged 158.5 points in April 2022, down 0.8 percent from the all-time high reached […]
India’s sugar production in the current 2021-22 season is expected to be 13% higher year on year, a government statement said. “As per the revised estimates production of sugar in the current sugar season 2021-22 is estimated to be about 350 lakh metric tonne (LMT) (after discounting diversion of 35 LMT of sugar to ethanol) […]
World food commodity prices made a significant leap in March to reach their highest levels ever, as war in the Black Sea region spread shocks through markets for staple grains and vegetable oils, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index averaged 159.3 points in March, up 12.6 percent […]
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 […]
Indian mills signed contracts to export 550,000 tonnes of sugar in recent days, as surging global prices and a weak rupee made overseas sales lucrative, according to Reuters. India is the world’s second-biggest sugar producer and its exports could check the rally in global prices, which have have risen due lower production in Brazil and […]
India’s sugar production increased by 6 per cent between October 1 and February 15 period of the 2021-22 marketing year at 220.91 lakh tonnes on higher sugarcane production while exports jumped over three-fold till January at 31.5 lakh tonnes, according to industry body ISMA. Sugar marketing year runs from October to September. The production stood at […]
The sugar crushing season in the country’s top producing state of Uttar Pradesh has already crossed the half-way mark in the ongoing 2021-22 season, but as many as 18 sugar factories of the total 120 have not even opened their account yet, thereby pulling down the state’s average payment for the current season to 71%, with […]
With 47 lakh tonnes of unsold stock already in its kitty, Maharashtra is looking at a record sugar output this season. Maharashtra sugar commissioner Shekhar Gaikwad told Financial Express that the state is expected to produce a record 115 lakh tonnes of sugar by the end of the current season. Maharashtra’s sugar season of 2021-22 […]
Sugar production in India, the world’s second largest producing nation after Brazil, is estimated to increase by 2.90 per cent to 31.9 million tonnes in the ongoing 2021-22 marketing year, according to the first estimate released by the trade body All India Sugar Trade Association (AISTA). With estimated production of 31.9 million tonnes plus opening […]
