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BRAZILIAN RAW SUGAR
India to surpass Brazil as top sugar producer, eyes bigger export shareWith fuel prices on the rise and sugar prices trading near 10-year lows in New York, the incentive for Brazilian mills to produce the sweet...
More raw sugar on the way, prices may fallMost of the sugar will start arriving in India from the beginning of July.
Sugar lobby seeks import duty hike as global prices fallThe association said that if raw sugar prices fall further, even at the current 40% import duty, raw sugar could be easily and profitably i...
Indian sugar exports likely to halve this year, face tough fight from Brazilian pricesIndian sugar exporters have reduced the expected raw sugar exports by half as they find it difficult to compete with the Brazilian costs.
Brazilian sugar threat to Indian millersThe sugar industry expressed its fear of Brazil producing more sugar than ethanol because of falling crude price, which may make the situat...
Shree Renuka Sugars' Brazilian operations drag company's financialsSubdued international sugar prices have resulted in delay in turnaround in Shree Renuka Sugars' Brazilian operations.
- Cheaper Pakistan sugar floods Punjab market
Sugar from Pakistan, which is at least Rs 5 a kg cheaper than the Indian variety, is finding favour with traders in the country, especially...
- Raise import duty on raw sugar, Industry requests government
The sugar industry is requesting the government to increase the import duty on raw sugar from 10% to 25% for safeguarding the domestic mark...
- Shree Renuka Sugars to sell 25% in Renuka Brasil Holdings
Shree Renuka Sugars is in talks with several private equity companies and strategic investors to sell 25% stake to retire debt in Renuka Br...
- High Debt, setback in Brazil Operations hurt Shree Renuka Sugars' numbers
Indian sugar production is estimated to be 24.5 MT for the current season. This has resulted in a 3% drop in sugar prices in the last 3 mth...
- Brazilian buy may sweeten Renuka Sugars' bottomline in Q2
Had it not been for the consolidation of the Brazilian subsidiary, SRSL would have reported a net loss.
- Sugar mills fear hit from imports
The sugar industry has said it could notch up a whopping Rs 6,500 crore in losses if the Centre does not reimpose duties on cheap imports, ...
- Shree Renuka Sugar: Managing raw material costs will be a big test
Higher revenues driven by capacity addition on back of acquisition and better realisation helped the South based sugar producer Shree Renuk...
- Pressure on Centre to import sugar
Political pressure is mounting on the government and the empowered group of ministers (EGoM) to okay the import of around 5 million tonnes ...
- Asia Sugar-India chases Brazilian; Thai premiums at 1-month high
India chased some Brazilian raw sugar to take advantage of a drop in New York futures, which helped push up Thai premiums to as high as 50 ...
- India battles Brazil in raw sugar trade
: India has emerged as a key supplier of raw sugar and will engage in a fierce battle for market share against dominant producer Brazil in ...
- Sugar, oil price link breaks as biofuel stocks grow
Links between crude oil and sugar prices have broken down due to high stocks of cane-derived biofuel, and may not be restored any time soon...