Sugar

• Sugar Prices May See Uptick Amidst Decrease in Production: Centrum Sugar Industry Report

  The latest report from Centrum Sugar Industry reveals a mixed bag of trends that could shape market dynamics in the coming months. Despite a narrowing year-on-year difference in sugar production, concerns loom over policy shifts impacting ethanol volumes and pricing, potentially exerting downward pressure on…

• Sugar Prices Expected to Decline in 2024 Despite Short-Term Pressures

  The global forecast indicates marginal drop in sugar prices amidst production surge and supply concerns…

• India's Sugar Outlook: AISTA Forecasts 4% Drop in Production for 2023-24 Season

  AISTA predicts 31.6 million tonnes sugar production amid challenges, including diversions for ethanol and varying state performances.…

• India's Sugar Output Falls 7.7% to 112 Lakh Tons in Oct-Dec: NFCSF

  NFCSF reports a 7.7 percent decline in sugar production for the first quarter of the 2023-24 season, primarily due to decreased output in key states.…

• ISO Forecasts 178.79 Million Metric Tons in Global Sugar Production for 2022-23

  Consumption is projected higher but import demand and export availability are seen down.…

• Mishri vs Sugar: Uncovering the Best Choice and Its Justification

  Mishri is a crystallized form of sugar commonly used in Indian cuisine as a sweetener and mouth freshener. But, can it substitute sugar? If yes, then if it healthy?…

• Indian Sugar Mills Association (ISMA) Requests Relaxation of GST on Flex-Fuel Vehicles

  ISMA urges GST cut for FFVs like EVs, supports E-100 ethanol blends, and advocates for sugar industry and sustainability.…

• Maharashtra Sugar Mills Receive Centre’s Aid Amidst Challenges

  Centre to aid sugar mills to restart operations; Union Cooperation Minister Amit Shah has asked mills to submit the revival proposal.…

• Sugar Exports to Proceed as Government Rejects Calls for Ban

  Shipment to the tune of 60.5 lakh tonnes despatched against 61.1 lakh tonnes granted.…

• ISMA Cuts Sugar Production Estimate to 32.8 MT, Diverts 4 MT Towards Ethanol

  Despite the drop in sugar production, several industry experts predict that ethanol diversion would remain stable at 4.5 million tonnes, up from 3.6 million tonnes in 2021-22 (October to September).…

• AISTA Urges Govt to Increase MSP as Sugar Prices Dip Below Production Costs

  'The fair price of sugarcane has been consistently revised since 2019, whereas the price of sugar has remained stable throughout the same period.'…

• Summer Sugar Spike: Production Set to Fall by 10%, Prices Likely to Rise

  According to Centrum Institutional Research, the domestic sugar market has recently seen a surge in pricing, particularly in Uttar Pradesh. "We expect further price increases in the coming months as demand for sugar is expected to surge during the summer season," Centrum wrote in a…

• Maharashtra to Produce Less Sugar Due to Early Closure of Mills, says Shekhar Gaikwad

  Maharashtra, which produces more than a third of India's sugar, may produce 10.7 to 10.8 million tonnes in the 2022/23 marketing year, which began on Oct. 1, down from an earlier prediction of 12.8 million tonnes, according to Maharashtra's sugar commissioner Shekhar Gaikwad.…

• Centre May Allow 1 Million Tonne Sugar for Exports

  Over the past month, the cost of sugar at the wholesale and retail levels has decreased as a result of the country's easy availability of the sweetener…

• Food Ministry Brings Transparent Techniques on Monthly Sugar Quota

  The Food Ministry has stated that the notional stock of the preceding month and sugar diverted for ethanol will be taken into account for allocation of the maximum quantity of white/refined sugar to be sold by each factory beginning in January 2023, in order to…

• Government Allows Sugar Mills to Export up to 60 LMT of Sugar to Balance Price Stability

  By allowing sugar exports, the government has also protected the interests of cane farmers and sugar mills, as mills will be able to benefit from favourable international sugar price scenarios and achieve better sugar prices, allowing farmers' cane dues in the current sugar season 2022-23…

• Government Extends Ban on Sugar Exports Till October 2023

  According to a government notification, India has extended its ban on sugar export by one year.…

• ISMA Estimates India’s Sugar Output to be Higher at 36.5 Million Tonnes in 2022-23 Marketing Season

  According to industry group ISMA, the country's expected sugar production for the 2022–23 marketing season will be 36.5 million tonnes, up 2% from the same time last year. This month marks the beginning of the marketing season.…

• India Becomes World’s Largest Producer & Consumer of Sugar: Food Ministry

  The sugar industry's success is a result of coordinated and collaborative efforts by the Central and State Governments, farmers, sugar mills, and ethanol distilleries, as well as a very supportive overall business environment in the country.…

• Maharashtra Demands Hike in Sugar MSP to Rs. 3,600 per quintal

  Sugar millers have backed the state's call for an increase in the MSP. Every sugar season, millers say, higher FRP, low recovery, and slack demand paralyse the industry. If the MSP is raised, mills will be able to obtain additional bank loans as the price…

• Centre Approves Additional 1.2 MT of Sugar Exports This Season

  India’s total sugar production is likely to increase by 5,00,000 tonnes to 36 million tonnes in 2021-22 season as compared to the previous estimate of 35.5 million tonnes.…

• Reducing Sugar Consumption Could Help Achieve Sustainability & Climate Goals

  To achieve this reduction in sugar consumption, a similar approach to that which has helped the EU significantly reduce its tobacco consumption over the past decades would be required: education and policies aimed at behavioural change, with a significant role for taxation.…

• How to Check Adulteration in Sugar at Home, as per FSSAI

  Chalk powder, urea, washing soda, and plastic crystals are some common adulterants that are added to sugar. The first two are added to sugar crystals while the latter two are added to powdered sugar.…

• Sugar Industry Demands 10 lakh tonnes Extra Export Quota

  The committee of secretaries, led by the Cabinet Secretary, is expected to make a decision on the issue this week after considering the potential impact on the domestic market, according to sources.…

• 5 Sugar Stocks with Attractive Valuations

  Quality sugar stocks such as Dhampur Sugar Mills, Mawana Sugars, Dwarikesh Sugar, Shree Renuka Sugars, EID Parry, and others have fallen precipitously from their 52-week highs.…

• Kenya to Increase Sugar Imports to Meet Local Demand

  The Sugar Directorate of Kenya's Agriculture and Food Authority set an annual limit of 180,000 MT for raw sugar imports from all countries in 2022. The issuance of import permits enforces this ceiling.…

• ISMA President Urges Food Secretary to Allow Shipment of Sugar

  In response to the government's decision to limit sugar exports beginning June 1, the Indian Sugar Mills Association (ISMA) has stated that mills should be allowed to export an additional 1 million tonnes of the sweetener during the current marketing season, which runs from October…

• Govt Gave Sufficient Time to Sugar Exporters & Millers to Apply for EROs

  Sugar mills and exporters were invited to apply online on the NSWS portal for approvals in the form of Export Release Orders (EROs) from the Directorate of Sugar & Vegetable Oils, Department of Food and Public Distribution (DFPD) via letter dated 24.05.2022.…

• Sugar Production Increased15% to a Total of 35.24 million tons so far this Year

  According to the data by the National Federation of Cooperative Sugar Factories Ltd (NFCSFL), another 4-5 lakh tonne of sugar is expected to be produced by the end of the current marketing year.…

• Central Govt Plans to Regulate Sugar Exports from 1st June, 2022

  Taking into account the unprecedented growth in sugar exports and the need to maintain sufficient stock of sugar in the country, as well as the need to protect the interests of the country's common citizens by keeping sugar prices under control, the Government of India…

• Contract Signed to Export 85 lakh tonnes of Sugar: ISMA

  According to an ISMA statement, the majority of the operating factories are expected to close by the end of this month. However, a few mills may continue to operate until the first two weeks of June.…

• Government Authorizes Additional 2,051 mt Raw Sugar Export To US Under Tariff-Rate Quota

  Total sugar exports to the US under the TRQ would be 10,475 MT in fiscal year 2022.…

• Sugar Output Up By 14% Reaching 342.37 Lakh Tonnes Between October & April

  According to the India Sugar Mills Association (ISMA), the sugar industry should be able to export more than 90 lt during the current season. ISMA stated in a statement that, compared to 106 sugar mills crushing sugarcane in April 2021, approximately 217 mills crushed the…

• Maharashtra is on Track to Produce a Record 136 lakh tonnes of Sugar

  The state government has announced a grant for sugar mills to crush the surplus cane. Currently, the majority of uncrushed sugarcane is grown in the Marathwada region. By the end of the season, mills are expected to crush 1,307 lakh tonnes of sugarcane.…

• Abinash Verma, Director General of Indian Sugar Mills Association Resigns

  ISMA is committed to the improvement of sugarcane farmers in the country, and one of its primary goals is to safeguard the interests of cane farmers in the country.…

• Centre Opens Interest Subsidy Window For Sugar Mills To Submit Ethanol Proposals

  On Friday, the central government announced that sugar mills have six months until October to propose new bids for mortgages at a reduced interest rate to build new distilleries or expand the existing facilities to increase first-generation ethanol capacity in the country.…

• Sugar Sales in India to Hit Record High in Summer Season, Says ISMA

  According to the ISMA, Indian mills have already signed contracts to send 7.2 million tons of sugar overseas in the 2021/22 marketing year, putting exports at a record high.…

• Govt to Export 85 Lakh Tonnes of Sugar to Global Market, says ISMA

  According to an ISMA statement issued on Monday, 518 sugar mills began crushing operations during the current season, compared to 505 mills that operated last year.…

• Ramdev Plans to Set Up Potash Unit in UP, Seeks Input from Sugar Mills

  PORI already produces organic potash, phosphate-rich organic manure, organic fertilizers, and pesticides. It has written to the Uttar Pradesh Sugar Mills Association (UPSMA) requesting 1 lakh metric tonnes of incineration ash as raw material for the production of organic potash, bio-fertilizers, and other agricultural inputs.…

• SEIC 2022: Nitin Gadkari Cautions Sugar Industry To limit Sugar Output & Increase Conversion To Ethanol

  Nitin Gadkari, Minister for road transport & Highway has cautioned the sugar industry to increase conversion to ethanol while limiting sugar production.…

• 5 Mind-Blowing Facts About White Sugar You Weren’t Aware of

  Indians are fond of eating sweet dishes, which are incomplete without the sweetness of white sugar. However, now people have become diet conscious and try to avoid consuming white sugar. So, today, let’s look at some of the interesting facts about white sugar which we…

• Rise in India's Sugar Export as Global Prices Increase & Rupee Weakens

  According to a Mumbai-based trader with a global trading firm, in the last few days, Indian traders primarily sold raw sugar to Asian buyers such as Indonesia and Bangladesh, who were attempting to replenish their inventories ahead of the Muslim holy month of Ramadan.…

• ISMA Raises its Sugar Export Forecast to 7.5 million tonnes

  Higher sugar exports from India are possible, according to the International Sugar Organization (ISO), which reported a global shortfall of roughly 1.93 million tonnes for the marketing year 2021-22 (October-September) and exporters' desire to buy more Indian sugar.…

• Sugar Shipments Jump over Three-Fold to 31.5 Lakh Tonnes in Oct-Jan

  So far, Indian exporters have contracted approximately 50 lakh tonnes of sweeteners for export. Furthermore, it has been reported that over 8 lakh tonnes of sugar are on their way to being exported in February 2022.…

• ISMA: Year-on-Year Sugar Production Till 31 January up by 5.6 percent

  According to ISMA, as on 31st January, 2022, 507 sugar mills in the country were in operation and had produced 187.08 lac tons of sugar, as compared to 177.06 lac tons produced by 491 mills last season which operated on the corresponding date. This is…

• India’s Sugar Production in 2021-2022 Expected to Increase By 2.90% to 31.9 Million Tons

  Sugar production in India, the world's second largest producing nation after Brazil, is estimated to increase by 2.90 per cent to 31.9 million tonnes in the ongoing 2021-22 marketing year, according to the first estimate released by the trade body.…

• India Waits For Global Sugar Prices To Increase To Strike Export Deals, says ISMA

  "Since almost nine months are left for the current season, mills are still waiting for the opportune time to enter into further export contracts," Indian Sugar Mills Association (ISMA) added. During October-November period of the ongoing 2021-22 session.…

• India Appeals Against WTO Verdict Over Sugar Export Subsidies

  India has appealed against a ruling of the World Trade Organization's (WTO) trade dispute settlement panel which ruled that the country's domestic support measures for sugar and sugarcane are inconsistent with global trade norms, an official said.…

• Sugar Exports Likely To Touch 50-60 Lakh Tonnes In The Current Marketing Year

  Pandey believes that by 2025, the goal should be to redirect around 60 lakh tonnes of sugar, which is typically excess in India. "The market prices will not rise unless we identify a strong income stream for the remaining surplus 60 lakh tonnes of sugar."…

• WTO Finds India's Sugar Subsidy Inconsistent With Global Norms

  A dispute panel of the World Trade Organisation (WTO) on Tuesday recommended that India's support measures for the sugar sector are inconsistent with the global trade norms, the finding which New Delhi said was "completely unacceptable" to the country.…