In a pre-election sop, Uttar Pradesh hikes sugarcane purchase price by Rs 25 per quintal

In a major decision barely months ahead of the upcoming 2022 Assembly elections, Uttar Pradesh Chief Minister Yogi Adityanath announced a Rs 25 per quintal hike in the purchase prices of sugarcane in the state.  The decision of the Yogi Adityanath government also assumes significance, as it came barely a day before the ‘Bharat Bandh’ […]

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India pushes its target of 20% ethanol-blending in petrol up by 5 years: From 2030 to 2025

India has advanced its target date for achieving 20 per cent ethanol-blending in petrol by five years to 2025, Prime Minister Narendra Modi said last week, as the world’s third-biggest oil importer looks to cut carbon emissions and reduce reliance on foreign oil. Speaking at the release of ethanol blending road map 2020-25 on the occasion of […]

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As crushing season ends in Maharashtra, the state’s sugar output stands at 106.3 lakh tonnes

As Maharashtra’s 2020-21 sugar season came to an end, the state has produced 106.3 lakh tonnes of sugar after crushing 1,012 lakh tonnes of cane during the season. The state’s sugar recovery was a hefty 10.50 per cent, officials of the Maharashtra Sugar Commissionerate said to Financial Express. Around 190 sugar mills, including 95 cooperative and 95 private mills, […]

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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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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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Are farmers in Maharashtra ditching grape cultivation for sugarcane farming?

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The cycle seems to have turned within a decade. Around 10 years ago, a wave of grape cultivation had gripped Maharashtra. Farmers ditched sugarcane and turned to grapes in huge numbers. Today, farmers are ditching grape farming and turning back to sugarcane cultivation.   Fact is grape cultivation has turned costlier in the state. Grape vines require a lot of […]

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