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ABINASH VERMA
Sugar exports at record 7.1 MT in 2020-21; shipments expected at 6 MT this year: ISMAThe ISMA DG pointed out that India witnessed cyclical sugar production till 2009-10 but "India has now become structural surplus sugar prod...- Expect global sugar prices to remain stable till January 2022: Abinash Verma, ISMA"I believe the global sugar prices should remain at these levels because the Brazilian crop and the Thailand crop is not doing well, and th...
- India pitches for sugar export to ChinaThe China Council for the Promotion of International Trade (CCPIT), China Sugar Association (CSA) and COFCO Sugar also participated in this...
- Sugar production to be lower this year; prices won't go up higher, says Abinash Verma of ISMA"Surprises over sugar production ended in January and February, so it is not a surprise anymore. The market is already aware that the sugar...
- Don't see sugar prices coming down with cap being put on stock holding: Abinash Verma, ISMAAbinash Verma said that government's restriction would affect only 50-60 sugar mills and not the whole industry.
- Sugar exports unviable after imposition of 20 per cent duty: ISMAThe government yesterday imposed a 20% export duty on sugar to curb outbound shipments, which had become viable after a sharp rise in globa...
- There is no sugar deficit in the country, expecting surplus next year: Abinash Verma, ISMA"There is no deficit. Next year, we are still going to be surplus. There is enough sugar availability in the country."
- Sugar Mills’ arrears to cane farmers may hit record this seasonThe industry wants the government to continue offering incentives for exports to reduce local stocks, as supplies are estimated to exceed d...
- Govt must expedite incentive to sugar industry: Abinash Verma, ISMA"As it is, we are losing money in the domestic market today and we do not expect the government to actually give a subsidy of Rs 5000-6000."
- ISMA welcomes proposed relief package for sugar millsISMA today welcomed the bailout package, which includes interest-free loan, recommended by an informal group of ministers for the cash-star...
- UP sugar mills may falter on huge cane-price arrears next seasonIf sugar price remains at the current level and doesn't correct, the millers in UP won't be able to pay Rs 20-Rs 30 per quintal of cane pur...
- Central government package should help improve sugar prices: Abinash Verma, ISMA'We just pray that the central govt package helps improve the sugar prices, which will help better realisation and we will be able to meet ...
- We need permanent solution to cane pricing issue: Abinash Verma, ISMA"If the Rangarajan formula is adopted, there will be no need for the govt to fix SAP and there will be automatic fixing of cane price by th...
- Sugar mills facing losses of nearly Rs 3000 cr: Abinash Verma, ISMAIn an interview with ET Now, Abinash Verma, Director General, ISMA, gives his views on the ailing sugar sector in UP.
- Government relaxes sugar export norm amid domestic surplusThe government has relaxed a condition for exports of the sweetener by doubling the limit on overseas shipments that sellers can register.
- Sugar mills sitting on huge inventory of 8.5 mn tonnes: ISMASugar mills have begun the 2013-14 marketing year, that started this month, with an opening stock of 8.5 million tonnes and this huge inven...
- Post decontrol, govt needs to look at cane & sugar price linkage: Abinash Verma, ISMAAfter the sugar decontrol, the next stage that the Rangarajan Committee had recommended was to look at the cane price and sugar price reali...
- Industry hails Rangarajan panel's report on sugar decontrolIndian Sugar Mills Association (ISMA) today said the suggestions if adopted by the Centre would help the industry in achieving faster growt...
- Sugar decontrol: Farmers and industry meets C Rangarajan committeeA convergence between farmers and sugar millers on some aspects of sugar decontrol came forth at the meeting of the C Rangarajan committee ...
- Nod for 1 million tonne sugar export cheers industryA government decision allowing export of one million tonne sugar and lifting the ban on stockholding limit was cheered by the sugar industr...
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