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MOLASSES NEWS
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...- US corn in Indian cars, as Trump tariff bargain, won’t be an easy sellIndia-US Trade Deal: US sanctions may have pushed India away from Russian oil, but Washington now seeks access to India's energy market, in...
- Sugar stocks trap investors in ethanol hype time & again. Is this rally a multi-year opportunity?Sugar stocks are rallying due to government ethanol production decisions. Investors are hopeful, but past rallies have not always yielded l...
- Sugar stocks soar up to 20% as govt lifts ethanol curbsSugar stocks witnessed a surge following the central government's decision to remove restrictions on ethanol production from sugarcane. Thi...
- Govt increases price of ethanol made from C-heavy molassesThe government has raised the price of ethanol derived from C-heavy molasses by 2.45% but kept the rates for ethanol produced from more sug...
- Hemang Jani on 3 liquor stocks to bet on for long termSo, on an overall basis, very positive outlook on the spirits companies per se. I think United Spirits, Radico Khaitan, United Breweries, a...
- Govt mulls allowing excess stock of B-heavy molasses for ethanol makingThe government is contemplating allowing sugar mills to produce ethanol using their surplus B-heavy molasses amid stable sugar prices and a...
- Sugar production for FY24 has been much higher than initially anticipated : Atul Chaturvedi, Shree Renuka SugarsI do not think this current diversion possibility will have any effect whatsoever on the sugar production and sugar values in the country. ...
- India keeps edible oil import duty lower until March 2025, imposes 50% export tax on molassesIndia has extended lower import duty on edible oil by a year until March 2025, extending the lower duty structure on crude palm oil, crude ...
- Sugar stocks up after government reverses banAccording to a Reuters report, the government permitted the diversion of 1.7 million metric tonnes of cane juice and B-heavy molasses for e...
- Govt asks sugar mills, distilleries to not use sugarcane juice, sugar syrup for ethanolThe Indian government has directed sugar mills and distilleries to refrain from using sugarcane juice or sugar syrup for ethanol production...
- Government raises ethanol price for blending in petrol by 25%The Cabinet Committee on Economic Affairs raised the procurement price of ethanol derived from 100 per cent sugarcane juice to Rs 59.13 per...
- Accumulate Radico Khaitan, target Rs 320: Kotak Securities LimitedAccumulate Radico Khaitan Ltd. at a price target of Rs 320.0 .
- Duty perks to help sugar producers pay Rs.20,000 crore duesThe slew of measures to help the sugar farmers include an increase in the import duty on sugar from 40 per cent from 25 per cent.
- Import duty on sugar up to 40%, no excise on ethanol for blendingThe government has announced steps to support local sugar producers grappling with excess production and low prices, and help them pay arre...
- Whisky waste could be fuel of the futureThe possibility of using whisky by-products as a next generation biofuel is being explored by a Scottish start-up.
- Whisky waste could be fuel of the futureThe possibility of using whisky by-products as a next generation biofuel is being explored by a Scottish start-up.
- Legislative changes needed to shift to green plasticsAbstinence is a good thing, remarked the wit, but it should always be practised in moderation!
- Angostura to uncork premium rum hereAngostura group, part of UK based CL WorldBrands and makers of Angostura aromatic bitters, is launching Angostura rum from Trinidad & Tobag...
- Sugar cos fail to cash in on ethanol rushThe country is heading for a record production of ethanol this year. But that may be bad news for sugar companies.
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