sugar stocks

Sugar Stocks News

India had shipped out only 620,000 tonne of sugar in 2017-18, 3.8 million tonne in 2018-19 and 5.96 million tonne in 2019-20. Last year, against the target of 6 million tonne, about 7 million tonne of sugar was exported.

Govt allows sugar exports of one million tonne since putting a cap

However, the food ministry will decide whether to impose a cap on sugar exports in 2022-23 in one-two months, once…

June 30, 2022 2:45 am

This, according to the Indian Sugar Mills Association (Isma), will help the sugar mills enter into future exports contracts well in advance prior to commencement of the season.

Sugar mills seek nod for 8 million tonne exports under OGL in next season

Says it will help them secure future contracts well in advance

June 23, 2022 6:00 am

A government spokesperson did not immediately respond to a request for comment.

India likely to impose ceiling on next season’s sugar exports, say sources

Meanwhile, shares in leading sugar producers such as Shree Renuka Sugars, Bajaj Hindustan Sugar and E I D-Parry (India) Ltd…

June 17, 2022 5:50 pm

The unusual surge lends some credence to the government’s fears that sugar stocks could be substantially depleted by the festival season if outbound shipments were allowed unhindered.

Sugar mills seek easing of export ban, cite high raw sugar stocks

Shipments are the only viable option left for raw sugar produced this season, they said.

June 11, 2022 6:00 am

Sugar exports spiked before govt capped outbound shipments

Having notified its plan to regulate sugar exports to keep local supplies steady, the food ministry had asked mills to…

June 10, 2022 6:30 am

Last month, the government capped sugar exports at 10 million tonne to ensure enough domestic supply and check retail prices during festival season in October-November. However, cooperatives have demanded raising the export cap by 1 million tonne.

India’s sugar exports at record 8.6 mn tonne till May this year: ISMA

The country had exported total 7 million tonne of sugar in the 2020-21 marketing year, while domestic production stood at…

June 8, 2022 5:34 pm

Sugar production rises 15% to record 35.24 MT so far this year: NFCSFL

Till May 30, crushing operations were still on in about 50-odd mills, mostly in Maharashtra, Uttar Pradesh, and Tamil Nadu.

May 31, 2022 3:16 pm

Sugar export curbs: Mills asked to file reports daily

Late on Tuesday, the government said it will regulate sugar exports from June and allow only up to 10 million…

May 26, 2022 2:30 am

Export ban decisions based on domestic needs, checking hoarders: Commerce and Industry Minister Piyush Goyal

With the WTO chief sitting next to him in the panel, Goyal said India traditionally has never been an exporter…

May 25, 2022 9:36 pm

Sugar Export Limit Fixed by Government Of India Share Prices of Sugar Companies Crash

Sugar Export Limit : एक्सपोर्ट लिमिट तय होने से शुगर कंपनियों के शेयर धराशायी, फैसले के पीछे सरकार ने बताई ये वजह

Sugar Export Limit: मोदी सरकार ने शुगर एक्सपोर्ट की अधिकतम सीमा तय की तो देश में चीनी बनाने वाली प्रमुख…

Updated: May 25, 2022 5:16 pm

Sugar stocks, Dwarikesh, Avadh, Balrampur, Dhampur Sugar

Dwarikesh, Avadh, Balrampur, Dhampur Sugar stocks tank up to 10% as govt restricts exports; buy, sell or hold?

A consistently higher inflationary environment has created a sense of panic amongst traders and with reports of export restrictions on…

May 25, 2022 1:36 pm

Sugar stocks slide following reports on export restrictions

Shares of Shree Renuka Sugars slumped as much as 13.8% in intra-day trade. They, however, pared some of the losses…

May 25, 2022 5:15 am

India is the world's second largest producer and exporter after Brazil.

Govt likely to cap sugar exports to 10 mn tons this year: Official sources

Mills have contracted for export of 9 million tonnes of sugar so far in the 2021-22 marketing year (October-September). Out…

May 24, 2022 5:38 pm

India exports 75 lakh tonnes sugar till May 18 in current marketing year

“Export of sugar in current sugar season 2021-22 is 15 times of export as compared to export in sugar season…

May 19, 2022 9:01 pm

Govt opens 6-month window for sugar mills to submit ethanol proposals

Ethanol capacity is being enhanced in order to reduce the country’s dependence on imported fossil fuels, save foreign exchange on…

Updated: April 22, 2022 9:02 pm

Indian mills produce 32.99 MT sugar till April 15: ISMA

In the current 2021-22 sugar season, reportedly 45 mills have stopped crushing operations in Maharashtra, while 153 sugar mills are…

April 19, 2022 4:45 am

Although the government has put in place encouraging policies for capacity creation, the delay in bank loans is creating hurdles, he pointed out.

Oil marketing companies’ policies hampering ethanol production: Indian Sugar Mills Association

“To overcome the problem of finances for capacity creation, necessary approvals for bank loans should be given within seven days…

April 1, 2022 1:15 am

"Out of which, about 47 lakh tonnes of sugar have been physically exported from India up to end of February 2022 in the current sugar year, as compared to about 17.75 lakh tonnes exported last year during the corresponding period," ISMA said.

Sugar exports may rise 7 pc to 75 lakh tonnes in 2021-22

Recently, Indian Sugar Mills Association (ISMA) has said that sugar exports have jumped over two-fold between October 2021 and February…

March 25, 2022 5:57 pm

UP sugar output in current season seen down 10% on year

The dip in production is primarily due to diversion into ethanol production, but rising disease and pest infestation also impacted…

March 24, 2022 1:30 am

Maharashtra sugar mills warned not to stop crushing operations without prior notice

Directions have been issued to ensure that all the cane in the area is crushed and if the sugar mill…

February 17, 2022 1:57 am

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