Sugar Export

The world’s second-biggest sugar producer in January permitted mills to ship as much as 1 million tons in the current season from October, easing restrictions that curbed overseas sales for more than a year.

Will a ban on sugar exports doom sugar mills?

Investors need to consider a host of factors and sugar exports is just one of them

India exports 5.62 lakh ton of sugar till December 9: AISTA

According to the All India Sugar Trade Association (AISTA), the dispatches for exports from sugar mills were at 12.19 lakh tonne, out of which physical shipment completed stood at 5.62 lakh tonne till December 9 of the current marketing year.

More sugar export could be allowed after assessing domestic production: Food Ministry

A food ministry notification issued on November 5 said export quota of 6 million tonne has been permitted from November 1 till May 31, 2023 with an option for millers to export on their own or through exporters or swap with domestic sale quota.

Govt asks sugar mills to export speedily to make early payment to farmers

The food ministry noted that sugar mills will have lesser operating cost like storage costs and working capital costs

Government plans to cut sugar export quota by almost 20% this year

The world’s second-biggest producer may permit sugar mills to ship 9 million tons, lower than the 11.2 million quota for 2021-22, said the people who asked not to be named as they’re not authorized to speak publicly.

India extends curbs on sugar exports by a year through October 2023

In May, the south Asian country restricted exports through the end of this month to contain a rise in domestic prices following records exports.

Charting the global economy: Export limits worsen food security

In the US, consumer spending held up well despite decades-high inflation, and showed more evidence that they’re dipping into their savings to support purchases.

Sugar export cap raises policy red flag for sugar mills

The government’s export cap may seem a puzzle when you consider plentiful sugar output but not when you dig deeper. More importantly, what does this mean for the ethanol business?

Restrictions on sugar exports 'cautionary' in nature, Indian harvest largest globally : Officials

India's sugar harvest in the current season has been larger than Brazil, officials said.

The current Nasdaq fall is more worrying than the dotcom crash: Geosphere’s Arvind Sanger

Government action is adding to the uncertainty and may end up increasing global inflation, said the founder of the hedge fund

Sugar exports up 64% to 71 lakh tonnes during October 2021 to April 2022 period: ISMA

In a statement, the Indian Sugar Mills Association (ISMA) said that 43.19 lakh tonnes of sugar were exported during the corresponding period of the last year.

India appeals against WTO dispute panel ruling on sugar export subsidies at appellate body

In 2019, Brazil, Australia, and Guatemala dragged India into the WTO's dispute settlement mechanism alleging that New Delhi's domestic support measures to producers of sugarcane and sugar and export subsidies are inconsistent with global trade rules including various provisions of the WTO's Agreement on Agriculture, Agreement on Subsidies and Countervailing Measures, and the General Agreement on Trade and Tariffs.

Mills sign contract to export 1.8 mn tonnes sugar so far in 2021-22 season: Govt

Terming the COVID pandemic, climate change and conflicts as major challenges, the secretary said the availability of sugar at affordable rates needs to be ensured.

Commodities@Moneycontrol: Sugar export duty likely to be scraped

Domestic consumption is estimated at 26 million tonnes, and markets are betting on 1.5 million tonnes of exports in the next 6-7 months.

Sugar production up 24% at 23.6 LT in Oct-Nov: ISMA

Sugar export from India, the world's second largest producer and biggest consumer, stood at 1.75 lakh tonnes during the October-November period. Sugar marketing year runs from October to September.

India sets sugar export target of 4 mn tonnes for mills

The government has specified targets for individual mills based on their average production in the last three years, a statement said.

1 million tonne sugar export allowed; stock limit removed

The government today allowed one million tonnes of sugar export and removed curbs on traders to hold stocks of the sweetener-- a decision the industry said would help improve their cash flow and enable them to make timely payment to cane growers.

Govt to decide on 2011-12 sugar exports after Diwali: Pawar

The government is likely to take a decision on allowing sugar exports in the 2011-12 marketing year, which commenced this month, only after Diwali, as mills are yet to exhaust the export quota of 2010-11, Agriculture Minister Sharad Pawar said on Thursday.

Expect sugar output at 26 mt this season: Shree Renuka

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.

Rana Sugars seeks export of 1 MT of sugar

Integrated sugar manufacturer Rana Sugars has pitched for allowing export of one million tonne (MT) of sweetener so that domestic sugar firms can take advantage of its high global prices.

Maharashtra demands hike in export quota for sugar

Sugar-rich Maharashtra today demanded an increase in the export quota of the sweetener from the current five lakh metric tonnes to 20 lakh metric tonnes.

Sugar export allowance a step in right direction: Shree Renuka

Narendra Murkumbi, MD, Shree Renuka Sugars, in an interview with CNBC-TV18’s Mitali Mukherjee and Sonia Shenoy, shared his views on the allowance of sugar export as a positive by the government for the domestic sentiments.

PM chairs meeting with top ministers on inflation

Concerned by sky high food inflation the Prime Minister today chaired a meeting with some of his top ministers on how to tackle food inflation. Rituparna Bhuyan reports Pranab Mukherjee, P Chidambaram and Sharad Pawar were all part of this meeting.