Out of the 514 crore liters of ethanol contracted for the ethanol supply year (ESY) 2022-23, 233 crore liters had been delivered to oil marketing companies as of April 30. This allowed them to increase the blending to 11.65 percent from 10% during the same period last year. In the present ESY, a 12% ethanol…
Farmer payments totaling 82% of the fair and remunerative price (FRP) have been made by the 189 sugar mills currently processing sugarcane through September 2023. By December 19, these mills had crushed 236.69 lakh tonnes (lt) of sugarcane, according to information provided by the Maharashtra Sugar Commissioner office, and they still owed FRP of $7,407.20…
Sugar stocks on Tuesday came under selling pressure after media reports indicated that restrictions were likely to be imposed on exports to protect food supplies in the country. The Government is planning to limit sugar exports at 10 million tonne (MT) for the marketing year that runs through September, in order to ensure that there…
