Sugarcane

Jun 10, 2015 at 16:19 | Source: CNBC-TV18
Reacting to the Rs 6,000 crore interest free loans to sugar companies, Narendra Murkumbi, VC & MD, Shree Renuka told CNBC-TV18 that overproduction is the major problem currently.
Jun 10, 2015 at 14:42 | Source: CNBC-TV18
M Manickam of Sakthi Sugars says mills may be in a position to clear Rs 4,000-5,000 crore, with their own resources. So, this Rs 6,000 crore will be an addition.
May 19, 2015 at 17:15 | Source: CNBC-TV18
Indias sugar crisis is at its peak with almost Rs 21,000 crore remaining unpaid towards farmers. The government has refused to move to the Rangarajan formula of linking sugarcane prices to sugar. The industry has once again threatened to close sugar mills and the banks have refused to lend further to this debt ridden sector.
May 09, 2015 at 16:10 | Source: CNBC-TV18
India's sugarcane crisis is at its peak with arrears to farmers mounting to a whopping Rs 21,000 crore. The state government in UP has refused to move to the Rangarajan formula of linking cane pricing to sugar, resulting in private mill owners threatening closure yet again.
May 08, 2015 at 15:12 | Source: Moneycontrol.com
According to Angel Commodities, Sugar futures may trade sideways to negative on supply glut in the domestic market but recent government policies on sugar exports may not have any impact on sugar prices as next years harvest expected to be good on increased sugarcane prices by government.
Apr 21, 2015 at 15:46 | Source: PTI
While arrears of sugar season for Uttar Pradesh stood at Rs 9715.69 crore, Rs 2864.5 crore worth of sugar price arrears was due to farmers in Maharashtra and Rs 2402.39 crore due to farmers in Karnataka.
Apr 08, 2015 at 19:18 | Source: PTI
Sugar mills are unable to clear the cane arrears to farmers as the ex-factory prices of the sweetener is ruling below the production cost.
Mar 17, 2015 at 16:03 | Source: Moneycontrol.com
According to CRISIL Research, Dhanuka Agritech received the 9(3) registration for Sempra, a herbicide for sugarcane, and expects to receive two more registrations in FY16. The existing product portfolio, new product pipeline and distribution reach are expected to drive future earnings. We retain our fundamental grade of 4/5, says the report.
Jan 16, 2015 at 19:05 | Source: CNBC-TV18
Hike in sugarcane prices would increase input costs and in turn would increase cost of sugar production, says Abinash Verma, DG, ISMA.
Dec 11, 2014 at 09:46 | Source: CNBC-TV18
ISMA director general Abhinash Verma believes the sugar industry will see better realizations with the new price. The industry revenue will increase by nearly Rs 5,000 crore, he adds.
Messages on Sugarcane »

contrariani
nvestor

Platinum Member

77 Followers

Balrampur Chini  

Yea..23 Million can be a safe assumption. The stocks to use ratio is still high and that maybe the explanation for low sugar prices. 1) Ethanol blending is immaterial atleast in the short term. If sugarcane production is expected to go down due to drought, where can mills produce additional

10.50 AM Jul 8th 2014

babuji555

Platinum Member

1485 Followers

L&T Finance  

, pharma , detergents , paints …etc. its raw material is molasses, ethanol , or sugarcane. It also mfg ethylalcholol, natural gum , and derivatives, herbal extracts , and industrial gases, It has controlling stake in “shakumbari sugars &allied inds ltd., location : kashipur, Gorakhpur (UP). It also has

8.51 PM Jul 7th 2014

Fatima-Mehn
az

New Member

44 Followers

Balrampur Chini  

I think THE MARKET SHOULD BELIEVE ministry of Agriculture sugarcane acerage data:)

5.01 PM Jul 7th 2014

contrariani
nvestor

Platinum Member

77 Followers

Balrampur Chini  

If one were to believe Ministry of Agriculture data, Sowing of sugarcane is done in 43.92 lakh hectares as of July 2014 against 48.39 lakh hectares in july 2013. That`s a fall of 10% in acreage.

2.27 PM Jul 7th 2014

contrariani
nvestor

Platinum Member

77 Followers

Balrampur Chini  

of the cases. I think they put projects / estimates only to make case for policy decisions like sugarcane pricing / import duty, etc..When monsoon failed in 2012, they cut production estimates which also led to spike in sugar prices. But later the country ended with surplus. Like that they projected 25 million

12.03 PM Jul 7th 2014

contrariani
nvestor

Platinum Member

77 Followers

Balrampur Chini  

Fellow boarders, Read Balrampur Chini 2014 annual report. Enough hints have been mentioned that the coming months could be positive for the company and industry 1) Power prices are expected to be hiked 2) Most important: W.r.t. sugarcane pricing, the company had mentioned about "Sugarcane Control

8.18 PM Jul 5th 2014

nicknamecha
nged6981

Platinum Member

52 Followers

Rei Agro  

, expects acreage under the farmer-friendly 1509 variety to increase as farmers are likely to shift from 1121 and non-basmati varieties, and even from sugarcane. Prices soar Basmati paddy prices shot up by 27 per cent from ₹3,300-3,400 a quintal at the beginning of the last season in October to around ₹4

1.27 PM Jul 4th 2014

Fatima-Mehn
az

New Member

44 Followers

Bajaj Hind  

Just bajaj hindusthan has sugarcane arrears of around 2000 crores. If as a result of such huge arrears in UP and drought in Maharashtra / Karnataka, there is a marked reduction in the sugarcane planting; then there will be huge rise in sugar prices. But Bajaj will not be able to fully benefit

1.19 PM Jul 3rd 2014

Fatima-Mehn
az

New Member

44 Followers

Bajaj Hind  

It seems that for Bajaj Hindusthan, the short term debt plus the sugarcane arrears far exceeds the sugar stocks held by Bajaj Hindusthan. They had given loans of above 3000 crores to Lalitpur Power Company. If the coal allocation for lalitpur is not approved and the bank loans for Lalitpur power

12.44 PM Jul 3rd 2014

Web Messenger

Platinum Member

294030 Followers

News Now  

Source:Economic Times - NEW DELHI: Monsoon rains have revived in central and northern parts of India known for soybean and sugarcane cultivation, a government official said on Wednesday, but warned the country is still expected to have below-average monsoon this year. Rainfall in July and August

12.31 PM Jul 3rd 2014

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.