Sector says new drought-resistant, high-yield and high-recovery cane to be introduced next year
The factories were able to supply only a third of OMC requirements in the second tender
With petrol and diesel demand falling, OMCs are already dealing with excess supply of the biofuel; ISMA writes to them to reallocate ethanol to deficient depots for fuel mixing
The Rangarajan committee recommendations on sugar reforms have been put into cold storage. Yet, the industry has managed to break out from the infamous surplus-shortage cycle
ISMA has pegged the country's sugar production at 260 lakh tonne for 2019-20
Prices should be determined by market dynamics
This is because the Indian industry contending with brimming inventories has been given a mandate by the government to sell 6 mt in the world market
Sugar mills in India have done deals to export 2 million tonnes in the new season that began on Oct. 1, 2019
The policy, which could be a viable and long-term answer to the cyclicality in the sugar sector
A high-powered industry delegation from major sugar producing countries is expected to come to India in the next few weeks to press their views
UP cane minister to meet union food minister Ram Vilas Paswan soon
The Union Cabinet recently approved a subsidy of Rs 6,268 crore for the export of 6 million tonnes of sugar. The development triggered a rally in select counters
It also decided to keep Fair and Remunerative Price (FRP) of sugarcane unchanged at Rs 275 per quintal for 2019-20 marketing year
Industry staring at a record surplus by next year