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SUGAR TRADERS ASSOCIATION
Why a strong El Niño leaves tropical commodities acutely exposedForecasters anticipate a strong El Nino developing later this year, likely boosting global temperatures and disrupting rainfall patterns. T...
Long-term Investing: Ecosystem with an edge called India; 12 large- mid- and small-cap stocks with upside potential of up to 34%Tactical investing should not be confused with long-term investing. In a world where geopolitical risk, commodity shocks, and uncertainty a...
Government rules out sugar export curbs and maintains duties on edible oilsIndia will not reduce sugar exports. Production is lower than anticipated, but domestic consumption has also decreased. This situation offs...
Sale of sugar above monthly quota pulls down sugar prices by 1.5-2% allege tradersThe central government fixes a sale quota for sugar mills every month to check excess supply and the resultant fall in prices, which had ea...
AISTA pegs India's 2022-23 sugar production lower by 3.6%According to AISTA, the sugar production of Maharashtra in ongoing 2022-23 season will be 12.4 million tonnes against 13.7 million tonnes i...
Sugar exports likely to touch record high 7.5 MT in 2021-22A rise in the amount of sugar diverted to ethanol production has led to a deficit globally which Indian exports are filling. Indian sugar e...
Indonesia emerges largest buyer of India sugar in first quarter of 2021, says AISTAIndian government had announced a scheme in January 2021 to incentivise exports and thus reduce the surplus sugar in the domestic market. T...
Indian trade houses vying for sugar exports due to bullish global demand and suppressed domestic pricesExporters are getting Rs 1-2 per kg more than the minimum selling price (MSP) of Rs 31 per kg set by the government. However, traders said ...
Sugar exporters eye deals with ChinaSugar traders are eyeing export deals with China, which they say are viable despite customs duty of 50%.
Sugar output may rise this seasonThe increase in sugar production is expected to come mainly from Maharashtra.
AISTA pegs India's 2019-20 sugar production at 27.4 million tonnesAISTA expects a reduction of 1 million tonnes in sugar production due to diversion of cane to production of B heavy mollases. The estimate ...
India's 2018-19 sugar export contracts rise to 8.5 lakh tonnes: TradersMost of the 8.3 lakh tonnes of sugar contracted for export is raw, said traders. Of the 4.5 lakh tonnes contracted by UP mills, about 2 lak...
Farmers’ protest may delay sugar productionA few mills from Pune and Ahmednagar region will kick-start crushing operations this week.
- Sugar traders hope for government intervention
Sugar mills from Maharashtra, which often resort to panic sales, issued tenders at ₹28.40 per kg on Monday.
Sugar to remain firm for next three monthsBefore GST, cess of about 6 per cent and octroi of nearly 2 per cent was charged on sugar.
Grain traders shut shop, protest against imposition of GSTTraders claim that brands, howsoever small, dominate the wholesale trade now, as increased awareness has tilted the scale in favour of pack...
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...
UP sugar traders in a fix over mill shutdown plansBack to back announcement by the Uttar Pradesh sugar industry that it won't operate this sugar season and the UP government's state advised...
- Sugar prices in Punjab surge by 20%
Sugar is turning 'bitter' for consumers in Punjab, with retail rate of the commodity shooting up by up to 20% in last 20 days.
State sugar mills, traders lock horns over pricesTraders are reluctant to lift sugar from the mills in the hope that prices would come down further.