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Latest Sugar News

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Sugar millers need more incentives for viable exports: Report

23-04-2018| Source:PTI

The government last month allowed export of 2 million tonnes of sugar under the MIEQ scheme for the 2017-18 marketing year, in order to clear surplus stocks and improve cash flow to millers

Indian cane arrears could hit $3.8 billion as prices tank: Industry

17-04-2018| Source:Reuters

The record arrears, up from 20 billion rupees in the previous year, will force the world's second-biggest sugar producer to provide incentives for exports, increasing pressure on global sugar

Sugar output at record 30 mn tn; cane arrears cross Rs 20k cr

17-04-2018| Source:PTI

India's sugar production has touched an all-time high of 29.98 million tonnes till April 15 in the current season on higher cane output, leading to a surge in arrears to farmers at over Rs 20

Ram Vilas Paswan asks states to ensure mills clear cane arrears to farmers

10-04-2018| Source:PTI

States should issue strict directions to sugar mills to clear their dues to sugarcane farmers and consider taking action against defaulting factory owners, Food Minister Ram Vilas Paswan said today

India likely to pay cane growers to help sugar mills: Sources

09-04-2018| Source:Reuters

India, the world's biggest sugar consumer, last month scrapped a 20 percent export tax and made it compulsory for mills to export at least 2 million tonnes of sugar. But mills said they would

Shree Renuka Sugars to divest Brazilian operations

06-04-2018| Source:PTI

But the divestment of the Brazilian operations of the company is subject to any necessary approvals, Shree Renuka Sugars said in a BSE filing.

Commodities@Moneycontrol: Sugar prices crash as output surges  

03-04-2018| Source:Moneycontrol.com

Sugar output has increased 49 percent to 28.18 MT so far in 2017-18 marketing year

Sugarcane arrears in India jump to $2.62 billion: Trade body

03-04-2018| Source:Reuters

Mills in Uttar Pradesh owe farmers 72 billion rupees, while mills in Maharashtra have delayed payments of 25 billion rupees, the Indian Sugar Mills Association (ISMA) said in a statement.

Sugar output jumps 49%; mills unable to pay growers

03-04-2018| Source:PTI

Sugar output increased 49 per cent to 28.18 million tonne (MT) so far in 2017-18 marketing year, but mills are unable to make cane payment to growers owing to low prices, industry body ISMA said

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