The ex-mill price of ethanol made from C heavy molasses was agreed by the Cabinet on Wednesday to increase by 3% to Rs 57.97/liter, or Rs 1.69 more, for the 2024–2025 ethanol supply year (November–October). Prices of Rs 60.73/liter and Rs 65.61/liter for ethanol made from B heavy molasses and sugarcane juice, sugar, and sugar…
India’s sugar production is predicted to decline by 17% in 2024-25, reaching 26.52 million tonnes, according to the All-India Sugar Trade Association (AISTA). This decline is due to adverse weather conditions, diseases in Uttar Pradesh, and lower sugar recovery rates. Lower closing stocks and reduced carryover sugar could lead to a supply shortage. Consumption is…
Following a review of local supply, the government approved the export of one million tonnes (MT) of sugar on Monday for the current 2024–25 (October–September) season. The sweetener’s exports had been prohibited since the previous season. A notification from the food ministry states that “export quotas of 1 MT have been pro-rated among those sugar…
Due to healthy demand and lifting curbs on non-basmati rice, India’s agri exports are expected to reach USD 50 billion in 2024-25. Export curbs on rice, wheat, and sugar impacted agri exports by about USD 6-7 billion. However, removing rice curbs is expected to boost exports, with rice exports expected to reach 17-18 million tonnes…
According to the food ministry, 33 million tons (MT) of sugar will be produced during the 2024–25 sugar season (October–September). This amount would be sufficient to meet 29 MT of domestic consumption each year as well as the 4.5 MT needed to produce ethanol. 5.76 million hectares of sugarcane were sown during the current Kharif…
The Food Minister Pralhad Joshi stated on Thursday that the government is expected to approve raising the minimum sale price (MSP) for sugar as well as domestic ethanol pricing, as requested by the industry. In addition to the mills’ MSP for sugar, Joshi stated that the government is considering proposals to raise the price of…
According to trade data issued on Monday, India’s net sugar production decreased slightly to 280.79 lakh tons as of March 15 of the current marketing year, which began in October 2023. The Indian Sugar Mills Association (ISMA) released a statement saying, “Sugar production till 15th March 2024 in the current 2023-24 season reached 280.79 lakh…
The government will take into account the demand for increased minimum sale prices (MSP) of sugar from mills in line with the fair and remunerative price (FRP) of sugarcane paid to farmers. “We are hoping to find a solution. The Indian Sugar Mills Association (Isma) has been pressuring the government to raise the millers’ MSP…
As it struggles with shortages at home, India, the world’s top consumer of ethanol made from sugar cane, is thinking about reducing its output. According to persons familiar with the situation, who wanted to remain anonymous since the talks are private, authorities are looking into a proposal to restrict the amount of sugar-cane juice used…
In the initial estimate of the output, released on Tuesday by the Indian Sugar Mills Association (ISMA), India’s gross sugar production is predicted to fall by 8% to 33.7 million tonne (MT) in the 2023–24 season (October–September) compared to the previous season. According to ISMA, this season’s sugar output will be enough to meet the…
