Corn (maize) appears to be the new-found love of the Indian farmers this kharif season. With the federal government’s push for increased ethanol mixing and enlargement of feedstock, farmers have planted a document space beneath corn within the ongoing kharif cropping season. Maize acreages are up by 5.31 per cent at 87.26 lakh hectares (lh) … Read more
India’s function as a key provider to the worldwide features market has diminished over the previous three years attributable to sturdy home demand and the Authorities’s insurance policies to maintain home provides throughout the nation, the US Division of Agriculture (USDA) has mentioned. “From commerce yr (TY) 2020-21 to 2023-24, corn exports are estimated to … Read more
The 2023-24 season marked a major triumph for the Indian sugar business. The manufacturing escalated to a formidable 32.135 million tonnes (mt), exceeding each home and worldwide calls for, and leading to a surplus of 8.705 mt. As we sit up for the 2024-25 season, manufacturing would possibly expertise a slight decline to 29.75 mt, … Read more
Sugar consumption throughout the present season (October-September) is about to cross 29 million tonnes (mt), a report excessive and up 4 per cent from about 28 mt within the 2022-23 season. Whereas business insiders attributed the rise to greater demand amid the election marketing campaign and an unprecedented warmth wave throughout the nation, officers see … Read more
The federal government has allowed using the B-heavy molasses (BHM) mendacity with sugar mills to make ethanol, which can see oil advertising corporations (OMCs) reallocating ethanol quota to distilleries within the subsequent 2-3 days. The transfer won’t have an effect on sugar availability as recent B-heavy molasses won’t be used for ethanol manufacturing, official sources … Read more
The Indian authorities could quickly enable the sale of ethanol already produced from sugarcane juice and B-heavy molasses (BHM) earlier than it imposed a ban in December final 12 months with instant impact. As the amount of ethanol mendacity with mills is equal to eight lakh tonnes (lt) of sugar, the entire amount of sugar … Read more
Sugar mills in India produced 255.38 lakh tonnes (lt) of sugar till February 29 within the ongoing season (October 1, 2023- September 30, 2024), down by 1.2 per cent from 258.48 lt within the year-ago interval, in keeping with Indian Sugar & Bio-energy Producers Affiliation (ISMA). Meals Ministry officers stated the federal government’s curbs on … Read more
Since our final Large Story on sugar revealed in July 2022, sugar shares have managed a bitter-sweet efficiency. Triveni Engineering and Industries has been the perfect performer with as much as 47 per cent beneficial properties until date, whereas others resembling Balrampur Chini Mills, EID Parry and Bannari Amman noticed their inventory worth rise by … Read more
The Indian authorities has dominated out any risk of stress-free its restriction on sugarcane juice/syrup and B-Heavy molasses (BHM) for making ethanol. Sources identified that that is as a result of worry of sugarcane manufacturing being the same or much less subsequent yr as flagged by some cane-growing States. Briefing media a day after Wednesday’s … Read more
Cooperative sugar business physique Nationwide Federation of Cooperative Sugar Factories (NFCSF) has raised the present season’s sugar manufacturing estimate to 30.5 million tonnes (mt) from 29.15 mt it estimated earlier after the present season’s manufacturing deficit narrowed to lower than 8 per cent as of December 31. Till December 15, the deficit was over 9 … Read more