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 […]

Read more

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

FullSizeRender-2.jpg

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,” […]

Read more

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 […]

Read more

Global food prices rise for 10th month in a row

peter-bond-KfvknMhkmw0-unsplash-scaled.jpg

Global food commodity prices rose in March, marking their tenth consecutive monthly increase, with quotations for vegetable oils and dairy products leading the rise, the Food and Agriculture Organization of the United Nations (FAO) reported. The FAO Food Price Index, which tracks monthly changes in the international prices of commonly-traded food commodities, averaged 118.5 points in […]

Read more