As awareness grows about the risks of both artificial and natural sugars, experts emphasise that moderation is key. Whether opting for artificial sweeteners or natural alternatives, the focus should be on minimizing sugar consumption while maintaining a balanced diet and an active lifestyle. Here’s why.
The downward revision has been made due to a fall in sugar output in Maharashtra, which accounts for more than one third of the country’s sugar output.
Additional shipments from India, the world's biggest exporter of sugar after Brazil, could weigh on raw sugar futures, which are trading near their lowest in four months.
Additional shipments from India, the world’s biggest exporter of sugar after Brazil, could weigh on raw sugar futures, which are trading near their lowest in four months.
TRQ is a quota for a volume of exports that enter the US at relatively low tariffs. After the quota is reached, a higher tariff applies on additional imports.
Sugar prices are likely to remain firm in sugar season 2017 (SS2017) because closing inventory is expected to be at an 8-year-low following a fall in production in Maharashtra and Karnataka, Crisil Ratings report said.
Watch Manisha Gupta of CNBC-TV18 speaking about the current trend and updates from the commodity space specifically sugar.
International raw sugar prices continued to firm up for the fifth day to USD 20.51 due to strong demand, lower sugar output and firm crude oil prices. The Indian sugar industry is also seeking to restructure the Rs 50,000 crore term loans and restore ethanol prices to last year's level.
"Mills have availed the subsidy and managed to export only about 4,00,000 tonnes of raw sugar in 2014-15. The subsidy scheme will not be extended further for this year," a senior Food Ministry official told PTI.
The food ministry has cleared the proposal of raw sugar export subsidy of Rs 560 crore and the Cabinet will be taking a call on the same next week.
Raw sugar exporters are given a subsidy to help the cash-starved industry to pay arrears to sugarcane farmers.
Narendra Murkumbi, MD of Shree Renuka Sugars says the subsidy has to be Rs 4-4.5 per kg for it to be viable. He expects the subsidy on exports to be extended by one year.
The Food Ministry has recommended a hike in import duty on white sugar to 20 per cent in order to check flooding of the sweetener in the domestic market, a senior government official said today.
Simbhaoli Sugars has received Rs 55.15 crore as compensation in an arbitration case. In an interview to CNBC-TV18, Sanjay Tapriya, CFO, Simbhaoli Sugar talks about the details of the case.
Narendra Murkumbi, managing director of Shree Renuka Sugars said that there will be production of 26 million tonne of sugar in the coming season. "Expect raw sugar to range between 25-35 cents/lb in sugar year 2012 (SY12)," added Mukumbi.
Narendra Murkumbi, managing director of Shree Renuka Sugars, in an interview on CNBC-TV18, said that concerns on sugar export duty have been overblown at this point of time.