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Sugar output may dip 11% from initial estimate: Government
NEW DELHI: Sugar production during the current season (Oct-Sept) is estimated around 306 lakh tonnes, 11% lower than the initial projection of 343 lakh tonnes for the year by sugarcane-growing states, govt said Friday. It also dismissed allegations of diversion of sugar for ethanol production hitting availability of the sweetener and spike in prices, stating that smaller amount of sugar goes for ethanol production than was the case a few years ago.
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economictimes.indiatimes.com
Govt halves bulk sugar stock limit to 15 days as prices surge
Government halves bulk sugar stock limit to 15 days as prices surge 20% ahead of festive demand. It has also ordered mills to report detailed sales, buyer and price data for…
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timesofindia.indiatimes.com
For 1st time in a decade, India to import 10 lakh tonnes of sugar
NEW DELHI: Govt Thursday allowed the import of 10 lakh tonnes of raw sugar, the first such move in a decade, as it stared at a possible decline of at least 20% in the opening…
