Low sugar production in Brazil and Thailand indicate strong trend of sugar prices globally; to benefit Indian exports

Prices of sugar in the international market have picked up after estimates of declining production in Brazil, the world’s largest sugar supplier. Global sugar prices rose by 20 per cent in April 2021. This is likely to benefit sugar exports from India, sugar industry experts from India feel. Brazilian production is estimated to be almost […]

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International food prices rise for 11th straight month in April, says FAO

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International food commodity prices rose for the 11th consecutive month in April, with sugar leading the increase and cereals resuming their upward trend, the Food and Agriculture Organization of the United Nations (FAO) said on Thursday. The FAO Food Price Index averaged 120.9 points in April, 1.7 percent higher than March and 30.8 percent higher than its level […]

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In the last phase of the current sugar season, Maharashtra sugar production estimates an output of 107 lakh tonnes

The 2020-21 sugar season in Maharashtra is in its last leg and is likely to end by 15 May 2021. Sugar production has already touched 105 lakh tonnes and is likely to reach 107 lakh tonnes, Shekhar Gaikwad, state sugar commissioner, told Financial Express. So far, the state has crushed some 999.50 lakh tonnes of […]

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India’s sugar production seen rising again in the new season: USDA

US Department of Agriculture (USDA) has forecast India’s centrifugal sugar production at 34.7 million tonnes  (MT) in marketing year (MY) 2021/2022 (October-September), increasing by 3 per cent above the previous season. This forecast includes 600,000 tonnes of khandsari1 and 34.1 million tonnes of milled sugar (equivalent to 31.8 million tonnes of crystal white sugar).  The USDA […]

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India has exported almost 25 lakh tonnes of sugar till now: AISTA

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Indian sugar mills have exported 24.9 lakh (2.49 million) tonnes of sugar so far in the ongoing 2020-21 marketing year ending September, with maximum shipments to Indonesia, trade body AISTA said. “Mills have contracted to export 3.33 million tonnes of sugar so far as against the 6 million tonnes quota assigned by the food ministry,” […]

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Concerned over dip in sugar sales, industry bodies ask for government relief

Sugar sales have plummeted by nearly 1 million tonnes since March 2020 after demand took a hit as Covid lockdown and subsequent extension of restrictions lowered consumption of many sweetened products including confectionery, soft drinks, chocolates, and sweetmeats among others.  “Even as businesses pick up, it is unclear how quickly demand will recover with subdued sugar […]

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