India is likely to export 4 to 6 million tonnes of sugar in the 2018/19 marketing year starting next month as production could hit a record high, a senior industry official said on Wednesday. The world’s second-biggest producer is likely to export 2.5 million tonnes white sugar and remainder as raw sugar, said Yatin Wadhwana, Head of Sucden India. The country has been struggling to export its massive surplus as prices in the world market are trading at steep discounts to local prices. India should make it compulsory for sugar mills to export at least 7 million tonnes of sugar in the 2018/19 marketing year, the head of a leading trade body said.
Recent Posts
Nifty, Sensex climb in early trade, experts say markets may remain volatile till Feb
Indian markets opened flat on Thursday with a marginal dip, maintaining the continuous selling pressure in both major indices.
The Nifty 50 index opened at...
Morning Market Update – 14/11/2024
Yesterday’s closing dated – 13/11/2024
◾London White Sugar #5 (SWZ24) – 538.20s (-4.80)
◾NYBOT Raw Sugar #11 (SBH25) – 21.17s (-0.18)
◾USD/BRL-5.8061 (-0.0005)
◾USD/INR – ₹ 84.396 (+0.013)
◾Corn...
South Africa’s sugarcane output to dip by 10% due to dry weather
South Africa’s sugarcane harvest is projected to drop by 10% in 2024, mainly due to drier weather in key growing areas of KwaZulu-Natal, according...
उत्तर प्रदेश: अवध शुगर एंड एनर्जी रोजा यूनिट में गन्ना पेराई क्षमता बढ़ाएगी
शाहजहांपुर : अवध शुगर एंड एनर्जी लिमिटेड के निदेशक मंडल ने 12 नवंबर, 2024 को आयोजित अपनी बैठक में अन्य बातों के साथ-साथ भाप...
ESY 2023-24 में DEPs द्वारा अनाज एथेनॉल आपूर्ति में कमी के लिए 110 करोड़...
नई दिल्ली : अनाज एथेनॉल निर्माता संघ (GEMA) ने केंद्रीय पेट्रोलियम और प्राकृतिक गैस मंत्री हरदीप सिंह पुरी को एक पत्र लिखा है, जिसमें...
Q2FY25 वित्तीय परिणाम : जुआरी इंडस्ट्रीज लिमिटेड की चीनी बिक्री Q1FY25 की तुलना में...
नई दिल्ली : एडवेंट्ज की शीर्ष कंपनी जुआरी इंडस्ट्रीज लिमिटेड ने 30 सितंबर, 2024 को समाप्त तिमाही के लिए अपने वित्तीय परिणाम घोषित किए।...
Tax net widened, tax liability of middle class reduced under Modi govt
New Delhi , November 13 (ANI): There has been a 120 per cent increase in returns filed between 2014 and 2024. From some 3.6...