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RAHIL SHAIKH
Indian sugar mills rush export deals on record-low rupee, rising global pricesIndian sugar mills are exporting again. A weaker rupee and higher global prices make overseas sales profitable. Around 100,000 tons have be...- India's sugar export quota at risk as mills avoid low-priced global marketThe export landscape for Indian sugar mills is looking increasingly tough, with global sugar prices trailing behind domestic market rates, ...
- They won't take action on Sheikh: Maharashtra Minister Nitesh Rane after MNS leader's son abuses social media influencerFollowing a road accident in Mumbai, Rahil Shaikh, son of MNS leader Javed Shaikh, allegedly abused and threatened social media influencer ...
- Indian sugar mills clinch export deals within days of government approval -dealersThe quick shipments from the world's biggest producer of the sweetener and its second biggest exporter, could weigh on global prices, but h...
- India’s move to slash sugar export quota to tighten world supplyThe move comes at a time when the world is already thirsty for supplies, with Brazil witnessing excessive rains and delays in sugar cane cr...
- Indian traders jump the gun with sugar export dealsThe government imposed restrictions on overseas sugar sales for the first time in six years when it capped exports at 11.2 million tonnes 2...
- Indian mills waiting to export 1.5 million tonnes sugar after selling 8.5 mln tonnesIndia, the world's biggest sugar producer and consumer, on May 24 imposed restrictions on exports of the sweetener for the first time in si...
- India's sugar exports accelerate on global price rally, weak rupeeHigher exports from the world's second-biggest sugar producer could check the rally in global prices , which have been buoyed by a spike in...
- Indian sugar exports slow as global prices correct, rupee firmsIn the local market mills were selling sugar at 32,000 rupees to 35,000 rupees per tonne compared to around 30,000 rupees offered for overs...
- Indian traders sign sugar export deals in advance as frost hits BrazilSugar production in Brazil, the world's biggest producer and exporter, is likely to drop due to a drought and frost that has damaged the su...
- Container shortage slows Indian sugar exports, fuels price rallyThe scarcity is likely to persist for the first half of 2021, when traditionally India does most of its sugar exporting, a Mumbai-based dea...
- Cash-starved mills begin exporting sugarA cooperative mill operator from Maharashtra has sent a letter to the food ministry, claiming that it had already started shipments and see...
- India lost opportunity to export 1.7 million tonnes of sugar as buyers turned to other suppliers: Industry executives“We could have contracted for export of 15-17 lakh tonnes of sugar while physical dispatches could have hit 12 lakh tonnes had the policy b...
- Sugar exporters eye deals with China, waiting for border tension to easeVithalani said there might be a short-term delay in business dealings, but in the long term exporters see China as a major market for India...
- Traders want import duty at 60% to counter cheap sugar from PakistanSugar prices have fallen by Rs 3/ kg over the past 60 days in the domestic market.
- 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...
- Government plans 25% tax on sugar exports as drought bitesFood minister Ram Vilas Paswan said the levy was aimed at curbing the country's exports and would help keep local prices under control in t...
- Traders bullish on sugar as Maharashtra stares at droughtSugar traders and brokers are upbeat that sugar can go the pulses way next year, thanks to the drought in Maharashtra. The current upward t...
- Sugar industry seeks export policy clarity ahead of new seasonSugar exporters are urgently seeking clarity on the government’s export policy as the international market sentiment has improved.
- UP mills may have to wait for central subsidy benefitsThe sugar mills from western India will be the immediate beneficiaries of the central government’s subsidy for raw sugar production.
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