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SUGAR SURPLUS MANAGEMENT
India likely won't export sugar for years as El Nino, ethanol squeeze supplyOnce as a top sugar exporter, India is now anticipating a three-year stretch of significant export deficits, primarily driven by El Nino's ...- Fueling Demand: Inside India’s ethanol mobility revolution in reverseIndia is launching an ambitious green mobility initiative. The country is establishing E100 fuel stations nationwide before flex-fuel vehic...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 22%As the market grappled with confusion over the Strait of Hormuz, there was more trouble for the bulls. After a few days of respite, another...
- India craves a sweet fix for crude addiction. Can it work?India is rapidly expanding its use of ethanol, a sugar-based fuel. This strategy aims to cut reliance on imported crude oil and boost farme...
- India to tackle sugar surplus with higher exports, ethanol diversionIndia plans to protect sugarcane farmers from income losses by managing surplus sugar supplies through increased exports and diverting more...
- Sugar stocks rally up to 14%; here’s whyKeshav Lahoti, Associate Equity Analyst, Angel Broking, believes that the industry will request the government to continue with the sugar e...
- Sugar stocks in a spot of bother amid oversupplyThe sugar industry has asked the government to allow export of 15 lakh tonnes of the commodity to manage surplus production, ET reported.
- Mills to export four million tonne sugar in 2015-16The food ministry has notified mandatory export of four million tonne of sugar for the 2015-16 sugar season starting October 1.
- Mandatory export policy for sugar likely soonIndustry sources told ET that the central government will "very shortly" announce the mandatory sugar export policy .
- Government mulls sugar export to China under preferential quotaRam Vilas Paswan had said last week that the government is considering barter trade of sugar against import of farm items like pulses.
- India manages to export 1.26 MT sugar so far amid global glutIndia, which is saddled with surplus sugar stocks, managed to export 1.26 million tonnes of the sweetener in seven months.
- Amid extreme caution after suicide of a farmer in April, Jantar Mantar to see satyagraha of sugar millers on June 24The central government has already announced a subsidy of Rs 4000/tonne for export of 1.5 million tonne sugar till September 2015.
- Oil marketing companies to procure Rs 97-crore litre ethanolThe industry is also expecting that the Union government may come out with the decision about extending export incentives any time.
- Ajit Singh writes to PM seeking export sops for sugar millsIn view of surplus domestic sugar output, Union Minister Ajit Singh today shot off a letter to Prime Minister Manmohan Singh demanding expo...
- Sugar industry wants import duty to be increased to 30 pcAssuming a domestic consumption of 22.5 million tonne this season, industry experts cite a surplus of 2 million tonne in the current season.
- Higher quota, monsoon revival keeps sugar prices in checkThe availability of surplus sugar along with an improvement in rainfall in Maharashtra has improved the sentiments of traders and millers.
- White sugar drops most in a year on exports from EuropeSugar extended declines in New York on Friday and fell the most in a year in London after EU announced plans to expand exports and India fo...
- White sugar likely to lose premium on global glutThe premium of refined sugar over the raw variety may plunge as much as 33% by the fourth quarter as the global market swings into a surplu...
- Sugar groups call for govt sops to tide over crisisSugar stocks in India may continue to be in surplus for two more years and the government must abolish taxes and raise buffer stocks to hel...
- Sugar prices may test lower levelsSliding sugar futures may have yet to find a floor due to big global supply and soft demand.
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