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Diversion of B Heavy Molasses will release Rs 2300 crore for the distilleries; says NFCSF

The decision of the central government to allow use of the 7 lakh tonnes of B Heavy Molasses for ethanol production will help the sugar industry get a revenue of Rs 2300 crores, said National Federation of Cooperative Sugar Factories (NFCSF), which represents the cooperative sugar mills of the country.

Harshvardhan-patil , Petroleum-ministry , Food-ministry , National-federation-of-cooperative-sugar-factories , National-federation , Cooperative-sugar-factories , Ethanol-production , B-heavy-molasses , Central-government , Sugar-industry , Nfcsf , Revenue

Not so sweet: Sugar prices up 4.5% in last 2 weeks

Sugar prices rise 4.5% in 2 weeks amid soaring summer demand from ice cream and beverage companies. Government increases April sales quota to 2.5 million tonnes. Rising mercury and election campaigning fuel the surge.

Abhijit-ghorpade , Praful-vithalani , Jayen-mehta , Lok-sabha , India-sugar-merchant-association , Gujarat-cooperative-milk-marketing-federation , All-india-sugar-merchant-association , Sugar-prices , Summer-temperatures , Ice-cream-companies , Rising-mercury , Government-allocation

sugar prices: Sugar mills paid Rs 78,000 cr to cane farmers in H1 of 2023-24 season

Sugar mills in India have paid Rs 78,000 crore to sugarcane farmers in the first six months of the current marketing season, a food ministry official said. Mills have cleared 87% of the total cane payment of Rs 90,000 crore till March 31 of the 2023-24 season. They have produced over 300 lakh tonnes of sugar so far this season.

Remunerative-price , Sugar-prices , Sugarcane , Sugar-mills , Frp , Cane-payments ,

global food prices: World food prices rise for first time in 7 months: FAO

Global food prices rose in March, driven by higher cooking oil prices, despite grains becoming cheaper. The UN's Food and Agricultural Organization reported a 1.1% increase in its Food Price Index to 118.3 points, the first rise since July. Vegetable oils surged 8.0%, dairy prices climbed 2.9%, and meat prices rose 1.7%. However, cereals prices fell 2.6% and sugar prices dropped 5.4%. The increase in food prices comes after a period of decline following Russia's invasion of Ukraine in February 2022.

Reuters , Global-food-prices , Fao , Uns-food-and-agricultural-organization , Southeast-asia , Ukraine , Russia , Cooking-oil , Food-price-index , Palm-oil , Sugar-prices

sugar prices: Ahead of polls, govt acts tough to keep a lid on sugar, wheat prices; penalises those selling more sugar than their quota

The Indian government has increased vigilance on agricultural commodity companies and traders to control food prices ahead of the general election. The government has penalised nearly 80 sugar firms for selling more than their quota, asked wheat companies to disclose their stock during the harvest season, and directed rice exporters to pay export duty even on freight charges to discourage exports.

Kolhapur , Maharashtra , India , Balrampur , Uttar-pradesh , Balrampur-sugar-mills , Kolhapur-sugar , Sugar-prices , Wheat-prices , Sugar-firms , Food-prices

Govt's sugar policies ensured stable retail prices, timely payment to farmers: Official

Ethanol production capacity from sugar/molasses in the country has crossed 900 crore litres which is more than 4 times the capacity 10 years back.

India , Indian-sugar-mills-association , Ethanol-blended , Remunerative-price , Sugar-prices , Ugar-crop , Ugar-policies , Etail-prices , Omestic-markets , Ugarcane-farmers , Lobal-sugar-prices

Weekly SPI inflation jumps 34.25pc YoY - Business & Finance

ISLAMABAD: The Sensitive Price Index (SPI) inflation increased by 34.25 percent on a year-on-year (YoY) basis due to...

Pakistan , Islamabad , Dalda-habib , Gul-ahmed-al-karam , Philips , Pakistan-bureau-of-statistics , Lipton , Sensitive-price-index , Pakistan-bureau , Business-recorder , Spi-inflation , Sugar-prices

India plans to raise sugar cane floor price by 8pc for next season, govt source says

NEW DELHI, Jan 24 — India is planning an increase of 8 per cent for the floor price that mills must pay for sugar cane in the 2024/25 season from October 1, a government...

India , Mumbai , Maharashtra , New-delhi , Delhi , Uttar-pradesh , Reuters , Fair-and-remunerative-price , India-trade , Sugarcane , Sugar-prices

Prices of sugar fall slightly on growing imports

Price of sugar has been on a steady decline from a peak of Sh224 per kilogramme in August.

Food-authority , Sugar-prices , Griculture-and-food-authority , Enya-national-bureau-of-statistics , Ugar-directorate ,

Government lifting restriction on sugarcane use raises hope of sugar mills

A ban on using sugarcane to make ethanol was imposed to check rising sugar prices in the domestic market.

India , Karnataka , Khushbu-lakhotia , Kishan-karunakaran , Uppal-shah , Gaurav-kedia , Indian-biogas-association , Food-corporation-of-india , India-ratings-research , India-ratings , Food-corporation , Ebp