Costlier cane to weigh on sugar mills’ earnings
Despite buoyant production, earnings of sugar mills on an average are expected to fall by 200 to 250 basis points during the current sugar year (October 2017-September 2018), because of the increase in cane prices, a Crisil Research report has said.
Read More
Sugar prices melt on bumper stock, low offtake
Sugar prices dropped by Rs 50 per quintal at the wholesale market in the national capital today following mounting of stocks on relentless supplies from mills amid selective buying.
Read More
SUGAR MILL WAS ‘UNSAFE’ FOR OPERATION
The Sasamusa Sugar Mill in Gopalganj district, where six workers died and several others were injured after a tank containing hot sugarcane juice exploded on Wednesday-Thursday midnight, was functioning even after the lapse of safety certificate.
Read More
UTTARAKHAND: CM ASSURES CLEARANCE OF SUGARCANE GROWERS’ DUE
The pending payment to the sugarcane farmers of Uttarakhand would soon be cleared, assured the Chief Minister Trivendra Singh Rawat while participating in a mass marriage ceremony of different religions at Bajpur in Udham Singh Nagar on Saturday.
Read More
Removal of stockholding limits to ease sugar prices: Ind-Ra
The government's decision to remove stockholding limits on sugar dealers to keep prices in check, is expected to ease pressure on sugar prices and improve sugar demand at trader and dealer levels, according to a report.
Read More
Sugar mills to supply 140 crore litres of ethanol
Sugar mills and ethanol manufacturers have entered into an agreement with oil marketing companies to supply a record 140 crore litres of ethanol for blending during the year, starting last October.
Read More
NCP MLA says sugar import affecting Maha farmers
Before the commencement of the state Legislature's sitting for the day, Awhad arrived at the Vidhan Bhawan here
Read More
Buying by stockists likely to push up sugar prices
Govt lifts stock limit on traders; may trigger 1.5 mt of fresh purchases to fill inventories.Sugar prices are likely to rebound in the short term due to fresh buying from stockists, after the lifting of stock holding limits and a gradual decline in distress selling by some mills in Uttar Pradesh and Maharashtra.
Read More
Sugar stocks advance on hopes of volume driven biz
Sugar stocks advanced at 11:51 IST on BSE after the Indian Sugar Mills Association said that sugar production in the current sugar season has grew by 29.8% to 69.40 lakh tons as of 15 December 2017 over corresponding period last season.
Read More
Sugar production up 29.8% till Dec 15, 2017 of current sugar season
Sugar production in the country till December 15, 2017 of current 2017-18 sugar seasons stood at 69.40 lakh tonne, a growth of 29.8% or 15.94 lakh tonne from 53.46 lakh tonne of sugar in the corresponding previous period.
Read More
No Comments
Sorry, the comment form is closed at this time.