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sugar exports: Prospects for sugar exports are encouraging for SY 2022: ICRA

Even as sugar prices have been trending higher since beginning of calendar 2021 anticipating lower global surplus position for the commodity, the recent sugar production data for Brazil pointing to further contraction in countrys volumes for the season aided in further uptick in international raw sugar prices, ICRA said. ....

Sabyasachi Majumdar , Group Head , Senior Vice President , Sugar Exports , Sy2022 , Rating Agency , Foreign Trade , சபியசச்சி மஜும்தார் , குழு தலை , மூத்தவர் துணை ப்ரெஸிடெஂட் , சர்க்கரை ஏற்றுமதிகள் , வெளிநாட்டு வர்த்தகம் ,

Sugar production up 13 pc to 305.68 lakh tonnes during Oct'20 - May'21


Sugar production up 13 pc to 305.68 lakh tonnes during Oct 20 - May 21
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Last Updated: Jun 01, 2021, 05:39 PM IST
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Synopsis
Sugar mills across the country have produced 305.68 lakh tonnes of sugar between October 1, 2020 and May 31, 2021, the Indian Sugar Mills Association (ISMA) said in a statement. Sugar production stood at 270.05 lakh tonnes in the year-ago period.
India s sugar production rose by 13 per cent to 305.68 lakh tonnes in the first eight months of the current marketing year ending September, mainly due to higher output in Maharashtra, according to trade data. Sugar marketing year runs from October to September.
Sugar mills across the country have produced 305.68 lakh tonnes of sugar between October 1, 2020 and May 31, 2021, the Indian Sugar Mills Association (ISMA) said in a statement. ....

Jammu And Kashmir , Uttar Pradesh , Tamil Nadu , Indian Sugar Mills Association , Open General License , West Bengal , Sugar Mills , Sugar Exports , Sugar Production , ஜம்மு மற்றும் காஷ்மீர் , உத்தர் பிரதேஷ் , தமிழ் நாடு , இந்தியன் சர்க்கரை ஆலைகள் சங்கம் , திறந்த ஜநரல் உரிமம் , மேற்கு பெங்கல் , சர்க்கரை ஆலைகள் , சர்க்கரை ஏற்றுமதிகள் , சர்க்கரை ப்ரொடக்ஶந் ,

sugar exports: Sugar firms contract over 83% of 6 million tonnes export target


Synopsis
This gain in export momentum will also help millers settle farmers’ cane arrears, which crossed Rs 23,000 crore till February, said officials.
(Representative image)
Indian sugar companies have contracted more than 83% of the export target of 6 million tonnes for the ongoing 2020-21 sugar season, said the Union food ministry.
The surge in exports is mainly due to firm global prices and export subsidy, which has made exports lucrative.
This gain in export momentum will also help millers settle farmers’ cane arrears, which crossed Rs 23,000 crore till February, said officials.
Domestic sales are also looking steady despite increasing cases of Covid-19 and lockdown in some parts of the country. “So far there is no impact on demand for the sweetener. A seven to 10-day-long lockdown can hardly impact the industry. The demand this year in March was almost 20% more than last year in March. We have not seen any drop in consumption in April yet,” ....

Abinash Verma , Indian Sugar Mills Association , Indian Sugar Mills , Sugar Exports , Union Food Ministry , அபிநஸ் வெர்மா , இந்தியன் சர்க்கரை ஆலைகள் சங்கம் , இந்தியன் சர்க்கரை ஆலைகள் , சர்க்கரை ஏற்றுமதிகள் , தொழிற்சங்கம் உணவு அமைச்சகம் ,