Ethanol supply to touch record 113 cr litre in FY18: ISMA
ISMA said 313 crore litre of ethanol is required for 10% blending across the country Ethanol supply to oil marketing companies for blending with petrol will rise 71 per cent in 2017-18 season to touch record 113 crore litre, helping sugar mills to earn Rs 4,500 crore revenue, according to ISMA. ...
Sugar prices melt on higher output estimates
Sugar saw a fall of Rs 40 per quintal in its prices at the wholesale market in the national today on higher output estimates. ...
Sugar shares in focus: Dwarikesh Sugar up 10% on heavy volumes
Ugar Sugar Mills, Uttam Sugar Mills, Dhampur Sugar, Simbhaoli Sugar and Balrampur Chini Mills were up more than 2% on the BSE. ...
Sugar output up 42% at 39 lakh tonne in Oct-Nov: ISMA
India's sugar production has gone up by 42 per cent to 39.51 lakh tonne in the first two months of the current 2017-18 marketing year that started October, industry body ISMA said today...
Govt to lift sugar stockholding cap; may raise duty if price fall persists
The government had in July raised the import duty on sugar to 50% from 40% to curb imports and stop building up of sugarcane arrears With ex-factory sugar prices showing a downward spiral since the start of the 2017-18 crushing season in October, thanks to the expected bumper harvest, ...
Sugar mills fret as prices plunge of sugar and molasses
Sugar mills' revenue and profit are likely to be under pressure in the ongoing crushing season (the current sugar year, 2017-18, formally began on October 1), after recovering marginally in the 2016-17 season. ...
Sweet season: Sugar output surges 42% in October-November
During the first two months of the current crushing season, sugar mills in the country produced 39.51 lakh tonnes (lt) of sugar, which is 42 per cent higher than in the corresponding period last year, a statement from the Indian Sugar Mills Association (ISMA) said on Tuesday. ...
Sugar production pegged at 39.51 lakh tonnes by November-end: ISMA
The Indian Sugar Mills Association (ISMA) on Tuesday said sugar production in the country till November 30 was 39.51 lakh tonnes - 11.69 lakh tonnes more than that during the corresponding period last year....
Maharashtra mills report 56% jump in sugar output
Due to good monsoon rain this year, sugar mills in Maharashtra have reported about 60 per cent increase in sugarcane crushing and a 56 per cent jump in sugar production over last year. ...
Sugar prices melt in pressure of bumper stock
Sugar prices softened by Rs 50 per quintal at the wholesale market in the national capital today amid ample ready stocks on relentless supplies from mills against limited offtake by bulk consumers. Marketmen said adequate stocks following persistent supplies from mills led to the fall in the sweetener's prices. Sugar ready M-30 and S-30 prices dropped by Rs 50 each to settle the day at Rs 3,610-3,800 and Rs 3,600-3,790...