Maharashtra Sugar Industry
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Domestic Demand to Keep Sugar Prices at High Levels: ICRA
Sugar prices are expected to remain firm in the near term due to tight stock position following 9 per cent decline in production and steady growth in consumption, rating agency ICRA said today.
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Sugar Output May Be Lower In 2016-17, Says Government
Sugar production during the ensuing season of 2016-17 could be lower compared with the current year's estimated output of 252 lakh MT due to drought that hit Maharashtra and Karnataka, Parliament was informed on Tuesday.
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Mills Clinch Sugar Export Deals, First in 2 Months: Report
Indian sugar mills signed export deals this week, the first in nearly two months, as an incentive by the top producing state Maharashtra and a rally in global prices of the sweetener made overseas sales attractive, industry sources told Reuters.
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Maharashtra Sugar Mills Shut Early; Drought Trims Cane Supply
Sugar mills in Maharashtra, which typically operate over November to April, have started closing down earlier than usual as the first back-to-back drought in nearly three decades hit cane supplies in the country.
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Sugar Output to Fall 5% Due to Poor Rains: Industry Body
India's sugar output is likely to fall 5 per cent to 27 million tonnes in the upcoming 2015-16 crop season due to poor monsoon rains in states such as Maharashtra, an industry body said on Monday, which could prop up prices amid a global glut.
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Maharashtra to Adopt E-Tendering to Supply Sugar Under Public Distribution System
The Maharashtra government has decided to adopt e-tendering of sugar from the open market to supply below poverty line (BPL) beneficiaries under the public distribution system.
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Icra Pegs Domestic Sugar Production at 24 MT in 2013-14
Sugar production in India is expected to decline to 24 million tonnes (MT) during marketing year 2013-14 due to reduced cane crushing in Uttar Pradesh, Maharashtra and Tamil Nadu, rating agency Icra said in its latest report.
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India may not export sugar for up to 3 years
India, the world's biggest sugar producer after Brazil, is unlikely to export the sweetener for up to three years as high production costs price shipments out of the global market and a drought in major growing regions squeezes output.
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Sugar decontrol decision likely in 15 days: Food Minister
The Centre is likely to take a decision on giving freedom to the Rs 80,000 crore sugar industry to sell the sweetener in the open market in the next 15 days, Food Minister K V Thomas said on Friday.
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Domestic Demand to Keep Sugar Prices at High Levels: ICRA
Sugar prices are expected to remain firm in the near term due to tight stock position following 9 per cent decline in production and steady growth in consumption, rating agency ICRA said today.
-
Sugar Output May Be Lower In 2016-17, Says Government
Sugar production during the ensuing season of 2016-17 could be lower compared with the current year's estimated output of 252 lakh MT due to drought that hit Maharashtra and Karnataka, Parliament was informed on Tuesday.
-
Mills Clinch Sugar Export Deals, First in 2 Months: Report
Indian sugar mills signed export deals this week, the first in nearly two months, as an incentive by the top producing state Maharashtra and a rally in global prices of the sweetener made overseas sales attractive, industry sources told Reuters.
-
Maharashtra Sugar Mills Shut Early; Drought Trims Cane Supply
Sugar mills in Maharashtra, which typically operate over November to April, have started closing down earlier than usual as the first back-to-back drought in nearly three decades hit cane supplies in the country.
-
Sugar Output to Fall 5% Due to Poor Rains: Industry Body
India's sugar output is likely to fall 5 per cent to 27 million tonnes in the upcoming 2015-16 crop season due to poor monsoon rains in states such as Maharashtra, an industry body said on Monday, which could prop up prices amid a global glut.
-
Maharashtra to Adopt E-Tendering to Supply Sugar Under Public Distribution System
The Maharashtra government has decided to adopt e-tendering of sugar from the open market to supply below poverty line (BPL) beneficiaries under the public distribution system.
-
Icra Pegs Domestic Sugar Production at 24 MT in 2013-14
Sugar production in India is expected to decline to 24 million tonnes (MT) during marketing year 2013-14 due to reduced cane crushing in Uttar Pradesh, Maharashtra and Tamil Nadu, rating agency Icra said in its latest report.
-
India may not export sugar for up to 3 years
India, the world's biggest sugar producer after Brazil, is unlikely to export the sweetener for up to three years as high production costs price shipments out of the global market and a drought in major growing regions squeezes output.
-
Sugar decontrol decision likely in 15 days: Food Minister
The Centre is likely to take a decision on giving freedom to the Rs 80,000 crore sugar industry to sell the sweetener in the open market in the next 15 days, Food Minister K V Thomas said on Friday.
