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India, Thailand sugar crops looking better than expected, says Wilmar Sugar crops in India and Thailand, two main Asian producers, are looking better in the final stages of the sugarcane harvesting, indicating higher sugar supplies in the region, said Singapore-based commodities trader Wilmar on Friday. "Thailand tail crop is much better than expected," said Karim Salamon, head of sugar analysis at Wilmar, in comments sent to Reuters. He expects the sugarcane crush in Thailand to reach as much as 85 million metric tons, with sugar production bet...
India, Thailand sugar crops looking better than expected, says Wilmar
India, Thailand sugar crops looking better than expected, says Wilmar
Source: Reuters
2024-03-02 09:13:44 am
Cabinet okays 8% hike in sugarcane price, move to benefit 5 cr farmers The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an 8 per cent increase in the Fair and Remunerative Price (FRP) of sugarcane to Rs 340 per quintal for the sugar season 2024-25. The revised prices will be applicable with effect from Oct 1, 2024, according to an official statement issued after the CCEA meeting. At 107 per cent higher than A2+FL cost of sugarcane, the new FRP will ensure prosperity for the sugarcane farmers. It is ...
Cabinet okays 8% hike in sugarcane price, move to benefit 5 cr farmers
Cabinet okays 8% hike in sugarcane price, move to benefit 5 cr farmers
Source: IANS
2024-02-22 10:36:58 am
Uttar Pradesh government raises sugarcane MSP by Rs 20 for all categories The Uttar Pradesh government on Thursday raised the minimum support price (MSP) for sugarcane by Rs 20 per quintal for all three categories of the crop. The decision was taken at the state cabinet meeting in Lucknow earlier in the day. The state government was earlier paying Rs 335 per quintal for the low variety of the crop and Rs 340 per quintal for the normal variety. The best variety of sugarcane fetches Rs 350 per quintal. Following Thursday's hike, the MSP for all three ...
Uttar Pradesh government raises sugarcane MSP by Rs 20 for all categories
Uttar Pradesh government raises sugarcane MSP by Rs 20 for all categories
Source: IANS
2024-01-18 03:20:59 pm
Centre imposes 50% export duty on molasses The Central government has imposed a 50 per cent export duty on molasses, a by-product of sugarcane, with effect from January 18. Molasses is used as an input for producing alcohol. The government’s decision is aimed at ensuring adequate quantities of the raw material are available to meet its production target for ethanol (alcohol) which is blended with petrol to bring down vehicular emissions and also in the pharma industry to produce medicines. There are fears that the domes...
Centre imposes 50% export duty on molasses
Centre imposes 50% export duty on molasses
Source: IANS
2024-01-16 02:17:47 pm
India`s love of homegrown single malts shakes up Pernod, Diageo Oak casks, once used to store bourbon and wine, are stacking up in a distillery near New Delhi, filled with ageing whisky as workers churn out almost 10,000 bottles a day of Indian single malt Indri, recently named the world's best whisky. Sugarcane and mustard fields, not peat bogs, ring the distillery, where the two-year-old Indian brand's owner Piccadily is ramping up production and building a three-hole golf course to lure connoisseurs and tipplers in the whisky-loving nation. ...
India`s love of homegrown single malts shakes up Pernod, Diageo
India`s love of homegrown single malts shakes up Pernod, Diageo
Source: Reuters
2023-12-20 05:04:09 pm
Indias love of homegrown single malts shakes up Pernod, Diageo  Oak casks, once used to store bourbon and wine, are stacking up in a distillery near New Delhi, filled with ageing whisky as workers churn out almost 10,000 bottles a day of Indian single malt Indri, recently named the world's best whisky. Sugarcane and mustard fields, not peat bogs, ring the distillery, where the two-year-old Indian brand's owner Piccadily is ramping up production and building a three-hole golf course to lure connoisseurs and tipplers in the whisky-loving na...
Indias love of homegrown single malts shakes up Pernod, Diageo
Indias love of homegrown single malts shakes up Pernod, Diageo
Source: Reuters
2023-12-17 09:11:21 am
India extends curbs on sugar exports to calm domestic prices India on Wednesday extended its restriction sugar exports beyond October, as the world's second-biggest producer tries to bring down domestic prices by increasing supplies ahead of key state elections.India's curb on exports would be likely to increase benchmark prices in New York and London, where markets are already trading around multi-year highs, triggering fears of further inflation in food prices globally.Export of raw sugar, white sugar, refined sugar and organic sugar under some codes...
India extends curbs on sugar exports to calm domestic prices
India extends curbs on sugar exports to calm domestic prices
Source: Reuters
2023-10-18 05:04:25 pm