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SUGAR MILL LOSSES
No ethanol link, decline in sugarcane production and stockpiling driving up sugar price: ExpertsSugar prices have surged to ₹75-80 per kg in Chhatrapati Sambhajinagar amid falling sugarcane production and heavy stockpiling by traders. ...- India considers curbing use of sugarcane for ethanol to tame record-high sugar marketIndia may limit sugarcane use for ethanol to increase sugar production with an aim to stabilise record-high sugar prices and ensure smooth ...
- Flex reflections from Brazil: India’s ethanol push faces lessons from Brazil’s Proalcool crisisIndia debates ethanol mandates, drawing lessons from Brazil's Proalcool program. Brazil's initial success faced a late 1980s crisis due to ...
- Govt defends ethanol blending, says programme saved Rs 1.9 lakh crore in forexThe government defends its ethanol-blended petrol program amid concerns. This initiative has significantly boosted the sugar economy and fa...
- Record 5,000 lakh tonne sugarcane produced in 2021-22 seasonOf the total produced during the period, about 3,574 lakh tonne of sugarcane was crushed by sugar mills to produce about 394 LMT of sugar (...
- M’rashtra relies on exports to clear sugar glutMaharashtra's own sugar consumption is only about 24-25 lakh quintal.
- Cane crushing to begin post DiwaliThis is despite central government wanting to advance crushing season to tame inflation.
- Sugar mills in South demand cut in import duty, North mills oppose moveIndian Sugar Mills Association, which allegedly has more representation from mills in UP, has been opposing imports, claiming that the coun...
- Sugar mills divided over government's order of mandatory exportA section of the industry that is not happy with the government decision plans to hold a protest march in the national capital on Friday.
- Cane price row: UP mills threaten to shut operations in 2014-15Against the Central price of Rs 210 per quintal, the UP government has fixed the cane price at Rs 280 per quintal for the current season.
- UP government, sugar mills on collision course over cane priceMills want government to come out with a cane-pricing policy before the next cane-crushing season in October.
- Narendra Modi's pitch for co-operatives rattles UP sugar baronsSugar barons in UP are rattled by Modi's call to give a better deal for farmers and his preference for co-operatives instead of private fir...
- 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.
- Over 60 private sugar mills in UP suspend operations over cane price rowMore than 60 private sugar mills in Uttar Pradesh have decided not to commence crushing operations this year.
- Falling prices add to mounting cane arrears for sugar millsThe freedom to sell their full production at market prices hasn't brought cheer to sugar mills.
- Rise in cane prices likely to hit profits of sugar millsRising cane prices are likely to hit profits of sugar mills. In Maharashtra a bidding war may break out due to cane shortage.
- Maharashtra sugar mills suffer due to manpower shortage, poachingThe Vasantdada Sugar Institute at Pune, an autonomous institute for training and research in sugar, is not getting enough students for its ...
- Sugar stock to be verified at all mills in UPThe UP govt has decided to verify stocks of cane, sugar and molasses or raw sugar at all mills.
- Gammon; PTC keen on setting up cogeneration power plantAs many as 15 companies including Gammon, Power Trading Corporation, Triveni Engineering have shown interest in the setting up cogeneration...
- CBEC on trail of sugar cos evading excise dutySugar mills have come under the government scanner for alleged excise duty evasion.
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