Monday, 23 May, 2022
TopicSugar Industry

Topic: Sugar Industry

India’s ethanol production can’t ride on surplus sugar and rice. Modi govt needs a way out

Any major diversion of corn usage towards ethanol production would severely impact India's poultry sector. Modi govt's target of E20 by 2025 needs 2G biofuels.

India could export 6 million tonnes of sugar next season as global prices soar

Some mills from Maharashtra & Karnataka have already contracted to ship about 1.2 mn tonnes of raw sugar from next crop. Bumper supplies from India may potentially put a lid on prices.

India to miss sugar export target as lockdown disrupts ports

India won’t be able to ship 5 million tons in the year to September, as expected earlier, because of a shortage of labor at ports and mills.

India’s excess sugar stock threatens to further lower global prices

India’s efforts to subsidise exports is drawing the ire of rival growers in Brazil & Australia, who say the policy is depressing world prices and hurting their farmers.

Australia wants World Trade Organisation to probe sugar war with India

India is world's world's second-largest sugar producer & both Australia and Brazil have blamed it for 'depressed' global prices.

India is dripping with sugar but not enough buyers. Modi govt needs to solve the glut

In order to put an end to India's sugar mess, cane prices have to be linked to those of sugar and its by-products.

Pests and drought seen cutting India’s sugar output from record

Just 35% of crop rated as good, compared with 52% last year.

Global sugar market has hit a sweet spot but is worried India could turn it bitter

Global sugar price saw its best weekly gain since 2008 but the outlook is still cautious as India is set to boost exports and cause another surplus.

Government approves Rs 5,500 crore package for sugar industry

Cabinet Committee on Economic Affairs approved the food ministry's proposal that seeks to help mills clearing huge cane arrears. 

On Camera

YourTurn

Inflation made luxury cars even more expensive but sales remain in fast lane. See Mercedes

For years, the luxury car market in India was biased towards the entry-level. But today, cars below Rs 40 lakh account for the smallest fraction of sales.

World’s $300 trillion in debt. Here’s what it means for services like health, education

To meet debt payments, at least 100 countries will have to reduce spending on essential services, the IMF estimates.

Defence

File photo of a defence personnel armed with a SiG 716 rifle near the Line of Control | Photo: Snehesh Alex Philip | ThePrint

India to ink ‘repeat order’ deal for 73,000 SiG 716 rifles from the US

In February 2019, 72,400 SiG 716 rifles of 7.62 x 51mm calibre were contracted from SIG Sauer Inc, USA, under government's 'Buy (Global) category', through fast track procedure.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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