India: Demand to hike minimum selling price (MSP) of sugar
DATE 4Jun 2019

Now the beleaguered sugar industry pins hope on government as they are saddled with surplus sugar stock. National Co-operative Sugar Factories Federation (NCSFF) president Dilip Walse Patil recently met with officials of the PM’s office to discuss the crisis prevailing in the industry. During his meeting with officials, NCSFF demanded that MSP (Minimum Selling Price)… Read More »

Ethiopia: To buy 100000 tonnes of white sugar
DATE 4Jun 2019

European traders said on Tuesday that the Ethiopian government company has issued an international tender to buy up to 100,000 tonnes of white sugar. The last date for the tender is said to be July 5. They sought the delivery of sugar in September, October and November. Previously, in the month of April, The Ministry… Read More »

Africa: Sugar industry declining for the past 19 years
DATE 3Jun 2019

The South African sugar industry is buckling under pressure with a number of farmers continue to show a steady decline in the past 19 years. The industry said the declining number of farmers has led to job losses, which is threatening to cripple the industry. The South African Farmers Development Association (Safda) lamented the falling numbers,… Read More »

India: Sugar production touches 321.01 lakh tonnes
DATE 3Jun 2019

According to industry body ISMA (Indian Sugar Mills Association) India’s sugar production in 2018-19 sugar season till 31st May 2019 has reached 327.42 lakh tonnes which is 6.41 lakh tonnes higher than what mills produced in 2017-18 on the corresponding date last year which was 321.01 lakh tonnes. The production being higher this is year is… Read More »

India: 7 Sugar mills face action for selling excessive quota
DATE 3Jun 2019

The Central Government had reintroduced the Monthly Release Mechanism last year to control supply of sugar and ensure stability in pricing. The central government also fixed the minimum selling price (MSP) of sugar and instructed mills to adhere to the directive. The notification passed on the 7th Day of June 2018 mentioned that any violation… Read More »