ICRA sees India’s web sugar output declining to 30 mt in SY2025 on probably greater diversion to ethanol

India’s web sugar manufacturing for the sugar season 2025 beginning October is projected to say no to 30 million tonnes (mt) from 32 mt within the earlier 12 months on expectations of upper diversion can be allowed to ethanol, ICRA mentioned. The rankings agency estimates that revenues of built-in sugar mills to increase by 10 … Read more

Sugar manufacturing touches 315 lt; UP, Maharashtra spring shock in precise output

With pan-India sugar manufacturing reaching 31.49 million tonnes (mt) up to now this season since October 1, towards 31.7 mt estimated for the entire season (October-September), the federal government is hopeful of assembly the goal as crushing in Tamil Nadu and Karnataka within the second interval could assist tide over the deficit. Nonetheless, a hanging … Read more

Cooperatives physique raises India’s sugar output estimate, seeks leisure on ethanol curbs

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