Falling sugar prices worry sugar cooperatives of south Gujarat
Surat: Sugar cooperatives in south Gujarat have become apprehensive because of the continuously falling price of sugar and want the government to step in to avert a definite rout. Sugar sold at the rate of Rs3,000 per tonne only one-and- a-half month ago, was now being quoted Rs2,500 per tonne.
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MNS opposes sale of Pak imported sugar
The Maharashtra Navnirman Sena (MNS) today opposed the sale and distribution of sugar imported from Pakistan at the Navi Mumbai market near here.
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Sugar prices fall on low demand, ample stocks
New Delhi, May 11 () Sugar prices went down by Rs 30 per quintal at the wholesale market in the national capital today due to a fall in demand from bulk consumers and stockists amid ample stocks on higher supplies from mills.
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Central Government issues orders for extending assistance to clear the dues of sugarcane farmers
1. Due to higher sugar production against the estimated consumption during the current sugar season 2017-18, the domestic sugar prices have remained depressed since the commencement of the season. As a result, accumulated dues of farmers have reached to over Rs.20,000 crores.
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Sugar outlook remains weak despite govt’s cane subsidy: Icra
"With the reduced cane costs, the total contribution margin is likely to increase by around Rs 500 per tonne of sugar produced, which translates into a one-and-a-half per cent margin at the operating level," Icra Ratings Senior Vice President and Group Head Sabyasachi Majumdar said."
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NGT slaps fine on UP for failure to submit report on ethanol distilleries
The National Green Tribunal has slapped a fine of Rs 50,000 on the Uttar Pradesh government for the inordinate delay in filing a report on the status of distilleries and sugar mills manufacturing, storing and transporting ethanol without obtaining permission from the Petroleum and Explosives Safety Organisation (PESO).
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A year after ban following GST, govt seeks to bring back sugar cess
Constitution Amendment Act links imposition of cess with natural disaster.
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What is Uttar Pradesh sugar mill ‘scam’? Know about the case to be probed by CBI
As per a report, the investigative agency has now taken over the probe into the alleged disinvestment of 21 state-owned sugar mills in 2010-11. It reportedly caused a loss of about Rs 1,179 crore to the state government.
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Sugar falls on bumper stocks, weak demand
Sugar prices dropped by Rs 30 per quintal at the wholesale market in the national capital today, followed by bumper stocks. Marketmen said heavy ready stocks positions on relentless supplies from mills because of record production, mainly dragged down sugar prices.
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Sugar industry sees red in FSSAI’s red coding plan
A draft policy issued by the Food Safety and Standards Authority of India (FSSAI) that mandates displaying a red colour coding on front-of-the-pack labels on packaged food products with high fat, sugar or salt levels has made the country’s sugar sector turn red
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