Sugar stocks in demand, surge up to 20%

Shares of sugar companies Tuesday saw a strong demand and surged as much as 20 percent on hopes that a fall in sugar output may jack up prices and help them make better realisations.

India contracts to export 50,000 tonnes sugar, first major deal in months

Indian sugar mills have contracted to export 50,000 tonnes of white sugar to Sri Lanka, Myanmar, Afghanistan and Turkmenistan at USD 340-USD 345 a tonne, free on board, trade sources said, the first major deal in the past few months.

Sugar output to touch all time high of 28.3 MT

India's sugar production is estimated to touch all time high of 28.3 million tonnes (MT) in the ongoing marketing year, 2014-15, as mills have already manufactured 27.95 MT so far.

Sugar output up 16%; cane arrears cross Rs 21,000 cr

India's sugar production rose by 16 percent to 27.84 million tonnes (MT) till May 15 of the current marketing year that started in October last year, resulting in sweetener's low prices and huge cane arrears to farmers at over Rs 21,000 crore.

Sugar output up 15% so far in 2014-15; prices at 7-year low

India's sugar production rose by 15 percent to 26.35 million tonnes so far during the current marketing year, resulting in fall of ex-factory prices to seven-year low and a surge in cane arrears to nearly Rs 20,000 crore.

Govt considering higher sugar export subsidy of Rs 4,000/tonne

The government is considering extending subsidy on raw sugar exports for the ongoing marketing year 2014-15 by giving a higher incentive of Rs 4,000 per tonne to cash-starved mills.

Sugar output in Oct-Dec rises by 27.3%: ISMA

Sugar output stood at 5.86 million tonnes in the October-December period of the 2013-14 season. Sugar season runs from October to September.

Sugar output down 21% to 85.5 LT so far in 2013-14 marketing year

India's sugar production fell by 21 percent to 85.5 lakh tonnes till January 15 of the current marketing year that started in October on account of delay in crushing operations, according to industry data.

Sugar output slides by 29% till Dec due to delay in crushing

The country's sugar production fell by 29 percent to 57.39 lakh tonnes in the first three months of the 2013-14 season (October-September).

Sugar output down 50% so far this season on delay in crushing

Sugar output fell by 50 percent to 24.24 lakh tonnes so far in the 2013-14 season due to the delay in the sugarcane crushing operations especially in Uttar Pradesh, industry body ISMA said.

Cane price row: Sugar output nosedives by 67% in Oct-Nov

The sugar marketing year runs from October to September.

Ajit Singh writes to PM seeking export sops for sugar mills

In view of surplus domestic sugar output, Union Minister Ajit Singh on Friday shot off a letter to Prime Minister Manmohan Singh demanding export sops and hike in import duty to improve finances of millers.

Sugar output may dip by 5% to 23.7 mn tonnes in 2013-14: ISMA

The country's sugar production is expected to decline by five percent to 23.7 million tonnes in marketing year 2013-14 starting October, due to an expected lower sugarcane output, especially from drought-hit Maharashtra, said Indian Sugar Mills Association.

Sugar output rises by 2% to 13.63 million tonnes in Oct-Jan

Sugar production has risen marginally by 2 percent to 13.63 million tonnes during the October-January period, an industry body said on Friday.

Govt lowers sugar output estimate to 23 mn tons for 2012-13

The government on Tuesday revised downwards the estimate of the country's total sugar output to 23 million tonnes in the current marketing year that will be just sufficient to meet the demand.

Sugar output may dip to 24 MT next yr on poor rains: ISMA

The country's annual sugar demand is 22 million tonnes. Mills are estimated to have produced 26 million tonne of sugar in the ongoing marketing year (October-September).

Sugar output may slip to 23 mn tonnes in 2012-13: Thomas

Sugar output could fall by three million tonnes to 23 million tonnes (MT) in the 2012-13 marketing year starting October on account of poor rains, but supply would be enough to meet demand, Food Minister K V Thomas said.

Sugar output up 19% till Dec 15 this season: ISMA

India -- the world's second-largest sugar producer and biggest consumer -- had produced 38.63 lakh tonnes of the sweetener in the same period last year.

Govt to decide on 2011-12 sugar exports after Diwali: Pawar

The government is likely to take a decision on allowing sugar exports in the 2011-12 marketing year, which commenced this month, only after Diwali, as mills are yet to exhaust the export quota of 2010-11, Agriculture Minister Sharad Pawar said on Thursday.