India puts cap on sugar that mills can sell to prop up prices

Livemint – 9 February 2018: Mumbai: India has imposed a limit on the amount of sugar that mills can sell in the market during February and March, according to a government order late on Thursday, as the world’s second biggest…

Sugar sales by mills capped for 2 months

Economic Times – 9 February 2018: The central government has put a ceiling on the amount of sugar mills can sell by imposing significant minimum stocks for the next two months to check falling prices. Millers have welcomed the decision,…

Punjab to revive loss-making sugar mills

Financial Express – 9 February 2018: The Punjab government is all set to revive and upgrade the loss-making sugar mills in the state by implementing recommendations of a consultative report being drafted by the expert committee. Disclosing this here in…

Govt fixing sugar release quota for mills to arrest falling prices

Business Standard – 8 February 2018 The Centre is looking to cap the amount of sugar mills can sell in the open market. This is to prevent sugar prices from falling sharply, which, in turn, would help mills in making…

India’s Maharashtra proposes buying quarter of state sugar to support prices

Reuters India– 6 February 2018, MUMBAI (Reuters) – India’s second-biggest sugar producer Maharashtra plans to buy a quarter of the state’s output to arrest falling prices for the sweetener, a state minister told Reuters, a move that would require $1…

Cooperative sugar mills produced 19.42 lakh tonnes of sugar

खास खबर – 6 February 2018, चंडीगढ़। वर्तमान गन्ना पिराई मौसम के दौरान हरियाणा की सहकारी चीनी मिलों ने अब तक 205.18 लाख क्विंटल गन्ने की पिराई करके 19.42 लाख क्विंटल चीनी का उत्पादन किया है। हरियाणा राज्य सहकारी चीनी…

India likely to continue sugar exports in 2018-2019 season

Reuters – 6 February 2018: A good monsoon has increased India’s production estimates for the 2017-2018 marketing year by 4 percent to 26.1 million tonnes of sugar. India, the world’s largest consumer of the sweetner, is expected to consume 25…

Sugar mill gate prices up on better offtake

Business Standard – 5 February 2018: Sugar mill gate prices improved by Rs 25 per quintal at the wholesale market in the national capital today following increased offtake by stockists and bulk consumers amid tight supply. On the other hand,…

Sugar mill gate prices up on better offtake

Business Standard – 5 February 2018:Sugar mill gate prices improved by Rs 25 per quintal at the wholesale market in the national capital today following increased offtake by stockists and bulk consumers amid tight supply. On the other hand, sugar…

Sliding sugar prices in Maharashtra: Mills press panic button, reduce first installment

The Indian Express – 3 February 2018: Sugar millers in Maharashtra have pressed the panic button as sliding sugar prices threaten to upset their economics right in the middle of the sugarcane crushing season. Alarmed by the sliding prices, millers…