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Indian sugar mills clinch export deals within days of government approval - dealers Indian sugar mills are aggressively signing export deals, contracting for about 1 million tonnes just four days after New Delhi approved exports, as they get higher prices for their product in global markets, four dealers told Reuters. The quick shipments from the world's biggest producer of the sweetener and its second biggest exporter, could weigh on global prices, but help Indian mills in liquidating stockpiles quickly and prop up domestic prices. "The industry was waiting f...
Indian sugar mills clinch export deals within days of government approval - dealers
Indian sugar mills clinch export deals within days of government approval - dealers
Source: Reuters
9/11/2022 4:48:22 PM
Working with government to achieve ethanol blending target, says sugar mills body chief Sugar mills are working with the government and oil marketing companies (OMCs) as well as Society of Indian Automobiles Manufacturers (SIAM) to achieve the target of 20 per cent ethanol blending. President of Indian Sugar Mills Association (ISMA) Aditya Jhunjhunwala said this during the International Conference on Biofuels organised by SIAM on Wednesday. SIAM president Vinod Aggarwal said during the inaugural session of the conference that first generation ethanol production capacity ha...
Working with government to achieve ethanol blending target, says sugar mills body chief
Working with government to achieve ethanol blending target, says sugar mills body chief
Source: IANS
19/10/2022 2:01:51 PM
Sugar glut feared in Uttar Pradesh as consumption comes down The high production cost of sugar in Uttar Pradesh may adversely impact its export from the state, creating a glut-like-situation in the upcoming cane crushing season. As against a projected sugar production of over 100 MT in the upcoming crushing season (2022-23), the state's own consumption is likely to remain at 40 MT, leaving a vast chunk of sugar to remain stored in the mills if the state fails to push its stock in the national market, sources said. The sugar mills are expected...
Sugar glut feared in Uttar Pradesh as consumption comes down
Sugar glut feared in Uttar Pradesh as consumption comes down
Source: IANS
29/09/2022 10:31:56 AM
India`s sugar output to ease as mills divert cane to make ethanol  India's sugar production in 2022/23 could fall 1.4% from the current season as mills are likely to divert more cane for ethanol production, a leading trade body said on Friday. The country could produce 35.5 million tonnes of sugar in the new season starting from Oct. 1, compared to 36 million tonnes in the current season, the Indian Sugar Mills Association (ISMA) said in a statement. In the next season, 4.5 milion tonnes of cane is likely to be diverted for ethanol production...
India`s sugar output to ease as mills divert cane to make ethanol
India`s sugar output to ease as mills divert cane to make ethanol
Source: Reuters
22/07/2022 2:05:11 PM
India's sugar sales to race to record high as summer demand peaks MUMBAI  - After two years of lull, India's sugar consumption is set to hit record highs in the current summer season as demand from bulk consumers such as cold drink and ice cream-makers rises after the lifting of COVID-19 restrictions, industry officials said. India's sugar consumption in the 2021/22 marketing year that ends on Sept. 30 is set to rise by nearly 3% from a year ago to an all-time high of 27.2 million tonnes, according to the Indian Sugar Mills Association (ISMA...
India's sugar sales to race to record high as summer demand peaks
India's sugar sales to race to record high as summer demand peaks
Source: Reuters
7/04/2022 2:12:40 PM
Sugar stocks sweeten on firm exports prospects Shares of sugar companies traded higher on Wednesday trade in an otherwise weak broader market. Dwarikesh Sugar, Dalmia Bharat Sugar and Industries, and Triveni Engineering rallied between 4 per cent to 7 per cent. Magadh Sugar & Energy, Rana Sugar, Uttam Sugar Mills, KM Sugar, Andhra Sugar, Mawana Sugar, and Shree Renuka Sugar were some of the other top runners in the sugar space. According to a report by industry body Indian Sugar Mills Association (ISMA), India's sugar exp...
Sugar stocks sweeten on firm exports prospects
Sugar stocks sweeten on firm exports prospects
Source: IANS
7/04/2022 9:13:32 AM
India signs deals to export 7.2 million T sugar in 2021/22, says trade body MUMBAI - Indian mills have signed contracts to export 7.2 million tonnes of sugar in the 2021/22 marketing year without government subsidies, a leading trade body said on Monday. Mills have already dispatched around 5.7 million tonnes since the start of the marketing year on Oct. 1, the Indian Sugar Mills Association (ISMA) said in a statement. Mills have so far produced 31 million tonnes of sugar in the current year, up from last year's 27.87 million tonnes, the trade body sai...
India signs deals to export 7.2 million T sugar in 2021/22, says trade body
India signs deals to export 7.2 million T sugar in 2021/22, says trade body
Source: Reuters
4/04/2022 2:29:46 PM
India's October-December sugar output rises 4.3% y/y -trade body MUMBAI - Indian sugar mills have produced 11.56 million tonnes of sugar in the first three months of 2021/22 marketing year, up nearly 4.3% from the same period a year earlier, a trade body said on Monday. India is the world's second-biggest sugar producer and the higher output could weigh on global prices.,. Sugar mills have so far contracted to export about 4 million tonnes of sugar in the new marketing year that started on Oct. 1, the Indian Sugar Mills Association (ISMA) said in...
India's October-December sugar output rises 4.3% y/y -trade body
India's October-December sugar output rises 4.3% y/y -trade body
Source: Reuters
3/01/2022 3:03:43 PM
India's 2021-22 sugar output seen 1.6% lower than previous estimate -ISMA NEW DELHI - India is likely to produce around 30.5 million tonnes of sugar in the season which on Oct. 1, 1.6% lower than a previous industry estimate, a leading producers' body said on Thursday. The Indian Sugar Mills Association (ISMA) in June said mills were expected to churn out 31 million tonnes of sugar in the 2021/22 season. Estimates of higher diversion of cane juice and molasses - a by-product of the sugar manufacturing process - for ethanol would result in marginally lower...
India's 2021-22 sugar output seen 1.6% lower than previous estimate -ISMA
India's 2021-22 sugar output seen 1.6% lower than previous estimate -ISMA
Source: Reuters
28/10/2021 2:53:26 PM
India's sugar production rises 20% to 233.77 lakh tonnes Around 502 sugar mills of the country together produced 233.77 lakh tonnes of sugar in the early five months of the current sugar season 2020-21 as compared to 194.82 lakh tonnes produced by 453 mills last season till February 29, 2020, the Indian Sugar Mills Association (ISMA) said on Wednesday. Sugar production in the ongoing season 2020-21 (October-September) has increased by 38.95 lakh tonnes or 19.99 per cent from last year. The largest quantity of sugar has been produced in Mahara...
India's sugar production rises 20% to 233.77 lakh tonnes
India's sugar production rises 20% to 233.77 lakh tonnes
Source: IANS
3/03/2021 2:55:20 PM
Sugar production rises by 25% YoY in first 4 months this season  Sugar production in the country rose by over 25 per cent to 176.83 lakh tonnes in the four months of the current cane crushing season 2020-21 (October-September), compared with 141.04 lakh tonnes during the corresponding period in 2019-20 season. The Indian Sugar Mills Association (ISMA) said on Tuesday in a statement that 491 sugar mills in operation as of January 31, 2021 produced 176.83 lakh tonnes of sugar from October 2020 till January 2021, compared with 141.04 lakh tonnes prod...
Sugar production rises by 25% YoY in first 4 months this season
Sugar production rises by 25% YoY in first 4 months this season
Source: IANS
2/02/2021 2:08:21 PM
India to produce 302 lakh tonnes of sugar in 2020-21: ISMA India is expected to produce 302 lakh tonnes of sugar during 2020-21 (October-September), the Indian Sugar Mills Association (ISMA) said on Thursday while releasing its second advance estimates for the current sugar season. The industry body had pegged sugar output of the country around 310 lakh tonnes in its first advance estimates for 2020-21 sugar season. As per the second advance estimates, sugar mills in Uttar Pradesh are expected to produce about 105 lakh tonnes in 2020-21 sugar s...
India to produce 302 lakh tonnes of sugar in 2020-21: ISMA
India to produce 302 lakh tonnes of sugar in 2020-21: ISMA
Source: IANS
28/01/2021 3:56:35 PM