Maharashtra: Sugarcane acreage may fall 40% in Maharashtra next season

Economic Times – 20 March 2019, Pune: At a time when India and the world markets are grappling with excess sugar stocks, the area under sugarcane could decline more than 40 per cent in Maharashtra in the next season owing…

Ugar Sugar Works closes sugar crushing for season 2018-19

Udaipur Kiran – 18 March 2019: Ugar Sugar Works has closed the sugar crushing for season 2018-19 at Ugar unit & Jewargi unit. The Ugar Unit and Jewargi Unit have ended 2018-19 Crushing Season on March 09, 2019 and February…

Sugar production till March 15 rises 6 per cent

Financial Express – 19 March 2019: Sugar production in the current sugar season up to March 15, 2019 grew 6% to 27.34 million tonne, compared with 25.82 million tonne in the same period of the previous sugar season. The ISMA…

DCM Shriram rises after unit commissions 30 MW power plant

Business Standard – 14 March 2019: DCM Shriram rose 3.31% to Rs 463.65 at 11:07 IST on BSE after the company announced commissioning 30 megawatts power plant at DSCL Sugar Hariawan unit in Uttar Pradesh. The announcement was made after…

Maharashtra relies on exports to clear sugar glut

Economic Times – 14 March 2019: UP emerged as the top sugar producing state in the country overtaking Maharashtra during the past three years. Pune: Maharashtra’s sugar industry is battling a glut in production and the loss of traditional domestic…

Nigerian team seeks help in establishing sugar academy

Times of India – 13 March 2019,KANPUR: A six-member delegation from Nigeria Sugar Development Council is on a four-day visit to National Sugar Institute (NSI), Kanpur to seek the institute’s help in establishing Sugar Academy in Nigeria. NSI will provide…

March sugar sales come to a standstill on overselling

Economic Times – 12 March 2019, Pune: Sugar sales in March have come to a halt across the country. Trade and industry sources indicated that overselling by sugar mills in the previous months in anticipation of an increase in government-set…

Street loads up on sugar with industry set for a rebound

Street loads up on sugar with industry set for a rebound

Economic Times – 8 March 2019: India’s sugarNSE 0.32 % stocks are in a sweet spot after years of bitter struggles against overcapacity and fragile profits, with higher state-set prices and policy incentives aimed at enhancing the commodity’s application boosting…

Sugar does not cause diabetes: Indian producers wants you to believe that

Business Standard – 7 March 2019: Can sugar be the sole culprit for making India the diabetes capital of the world? Well, if some experts and sugar industry representatives are to be believed, the sweetener is being unnecessarily dragged into…

Sugar price declines steadily to nullify a part of govt boosters

Business Standard – 7 March 2019: A steady decline in sugar price has nullified some of the benefits offered by the government to help mills clear burgeoning cane dues and improve liquidity in the value chain. Sugar prices have fallen…