isma

Safeguard duty may delay 12,000 MW underway solar projects

As per Crisil's analysis, a 25 percent safeguard duty entails a rise in capital costs by 15-20 percent, which would have a 30-40 paise per unit impact on bid tariffs.

Sugar output may rise to record 31.5-32 MT in 2017-18: ISMA

"Till April 30, 2018, sugar mills have produced 31.03 MT sugar in the current season. With 130 sugar mills still operating, majorly in Uttar Pradesh, it is expected that sugar production during the current season might end up between 31.5-32 MT," Indian Sugar Mills Association (ISMA) said in a statement.

Sugar output jumps 49%; mills unable to pay growers

Consequently, total cane arrears are estimated to have reached Rs 16,200 crore as on March 31 of the current marketing year (October-September). Of this, Uttar Pradesh has maximum arrears at Rs 7,200 crore, it added.

Cane arrears rise to Rs 14,000 cr till January; may touch record by month-end: ISMA

To improve liquidity of millers, the government should remove export duty of 20 per cent and allow shipment of 2 million tonnes immediately, it said in a statement.

Sugar output increases 26% in Oct-Dec of 2017-18 season: ISMA

Mills had produced 81.91 lakh tonnes of the sweetener in the same period of 2016-17 season (October-September). The Indian Sugar Mills Association (ISMA) has pegged total sugar output at 251 lakh tonnes in the ongoing 2017-18 season, as against 202 lakh tonnes last year. Consumption is estimated to be 250 lakh tonnes this year.

ISMA for lower duty on Indian sugar in Bangladesh, Sri Lanka

While Bangladesh levys import duty of USD 150 per tonne on sugar, Sri Lanka imposes USD 100. The two neighbours import about 25-30 lakh tonnes of sweetener annually, ISMA said.

Ethanol supply to touch record 113 cr litre in 2017-18: ISMA

Indian Sugar Mills Association (ISMA) said around 66 crore litre of ethanol was lifted by OMCs (oil marketing companies) for the ethanol blending programme in 2016-17 season (December–November). The previous record was 111 crore litre in 2015-16.

Sugar prices melt on higher output estimates

The Indian Sugar Mills Association (ISMA) has pegged 251 lakh tonnes (lt) sugar output this year as against 202 lt in the last year.

Sugar production up 79% at 13.73 lakh tonne so far: ISMA

ISMA has pegged the output at 25.1 million tonne in 2017-18 season as against 20.2 million tonne in the last sugar season (October-September).

Govt sees 24% jump in sugar output to 25 mn tonnes in 2017-18

This is an initial projection based on the inputs of the state governments. The estimate, however, is in line with the industry body ISMA's projection.

Sugar output may rise 24% to 25.1 mt in 2017-18: ISMA

Sugar production of India, the world's second largest producer after Brazil, is estimated at 20.2 million tonnes in the ongoing 2016-17 marketing year (October-September).

Scrap state-advised price on cane: Centre To UP

In an interview to CNBC-TV18, Abinash Verma of ISMA spoke about the implications and benefits of abolishing the state adviced price on sugarcane in UP.

At current level of sugar prices, higher FRP may not impact costs adversely: Experts

Higher FRP is not impacting costs at current levels of sugar prices but it becomes challenging when sugar prices drop because FRP once increased never brought down, said Abinash Verma, Director-General, ISMA.

Drought to cut sugar output in Tamil Nadu

India has no plans to cut sugar import tax for now: Food minister

Mills in India, the world's biggest sugar producer, will churn out 20.3 million tonnes of the sweetener in the season to September 2017, the ISMA said last week, down 5 percent from its previous forecast and 13.2 percent lower than the estimate made in September 2016.

ISMA cuts sugar output forecast for 3rd time in 2016-17

Indian Sugar Mills Association (ISMA) has trimmed the country's 2016-17 sugar production forecast for the third time this marketing year today, citing lower cane supply in drought-hit states like Maharashtra.

After strong rally, expert sees sugar price halting due to stock

Sugar stocks are rallying on the back of low production output of the commodity. Vijay Banka of Dwarikesh Sugar Industries says that prices of the sweetener is reasonable and there is enough stock in the system.

Sugar deficit increases to 18.54% in a fortnight: ISMA

Abinash Verma, Director General of ISMA, said that the yield in Maharashtra and Karnataka had dropped by more than 40 percent.

Sugar mills body bats for lower sugar cess

In an interview to CNBC-TV18 Abinash Verma, DG, ISMA said the news is negative for the industry and that ISMA has requested the government to continue with both cess and SDF. He added it has also requested the government to revise the cess to a lower rate rather than scrapping it completely.

Sugar production down 5% at 10.48 mn tonnes till Jan 15

Giving state-wise production data, ISMA said sugar output in Maharashtra fell to 31.43 lakh tonnes till January 15 of the 2016-17 marketing year from 43.79 lakh tonnes in the corresponding period of the previous year.

Sugar output reaches 8 mln tn in Oct-Dec; demand drops

The country's sugar production has touched 8.09 million tonnes in October-December while demand remained low due to demonetisation, the Indian Sugar Mills Association (ISMA) said today.

COMMENT: Sugar debt recast no solution; farmers and mills need to talk

Restructuring sugar mill loans is a piecemeal approach to a sector that has structural issues

Could debt restructure be on cards for sugar cos?

The sugar mills are undergoing tremendous stress due to lack of capacity utilisation as a result of lack of sugarcane to crush.

Here are a few stock ideas from SP Tulsian

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com shared his readings and outlook on specific stocks and sectors.

Industry seeks higher sugar price; Gadkari for reasonable rate

Amid demand from the industry to allow retail sugar prices to rise up to Rs 45/kg, Union Minister Nitin Gadkari today said the rates should be reasonable for consumers as the government has a difficult job to balance interest of all stakeholders.