Cane Arrears News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sugar prices under check on muted demand March 03, 2021 Output up 20% in first 5 months of current season Sugar prices have continued to remain under pressure over the last three months in most States on muted demand even as production picks up. Millers are pinning their hopes on summer demand and the export market, while seeking an upward revision in minimum selling price (MSP) to avoid build-up of cane arrears. Presently, the ex-mill sugar prices are ruling lower by ₹80-100 per quintal over the same period last year. In Maharashtra and Karnataka, the prices continue to be around the MSP l...

Brazilian shipping woes, higher supply deficit to buoy Indian sugar exports March 02, 2021   A nearly five-million tonnes (mt) sugar deficit projected by the International Sugar Organization (ISO) is likely to keep sugar prices firm this season (October 2020-September 2021) with Brazilian shipping woes likely to help India’s cause to export more of the commodity. The ISO, in its quarterly outlook, has raised the sugar deficit during the current season to 4.782 mt from its earlier estimate of 3.50 mt three months ago. This will see production dropping this season by 1.24 per cent to 169.04...

State govt delaying SAP announcement on fears that nil or little hike may irk farmers: Sources