The famed Co-0238 high-yielding sugarcane variety that has placed India on the verge of becoming the world’s largest sugar producer has run into trouble due to a ‘Red Rot’ infestation, forcing the government to hunt for a new strain to check a possible slump in output in the coming years. Coimbatore-based Sugar Breeding Institute (ICAR-SBI),… Read More »
The Save the Sugar Industry Movement (Save SIM) is alarmed over the recent pronouncement of Budget Secretary Benjamin Diokno that the government is seeking to liberalize the importation of sugar, its official said. Wennie Sancho, convenor of Save SIM, said on Monday, January 21, it is alarming for the workers in the sugar industry, particularly… Read More »
The Sugar Ministry says they plan to increase sugar production to 3 million tonnes this year. Ministry’s director for policy and research Reshmi Kumari says, as a result, they are having a consultation with farmers around the country to hear their concerns.
Recommendation on the import of raw sugar will be issued based on the industry demand, acting Director General of Agro-industry of the Industry Ministry Achmad Sigit Dwiwahjono stated. “Recommendation will be issued based on the demand of the industry. We are now verifying which industries need (raw sugar), and we will see their supply,” Dwiwahjono… Read More »
March raw sugar was down 0.11 cents, or 0.8 percent, at 12.92 cents per lb by 1155 GMT. Oil prices fell more than 1 percent on Tuesday on signs that an economic slowdown in China was spreading, stoking concerns about global growth and fuel demand. Lower oil prices can diminish the competitiveness of cane-derived ethanol… Read More »