The Cabinet is set to approve 25% increase in the price for ethanol produced directly from sugarcane juice on Wednesday from Rs 47.5 per litre to Rs 59.5 – in its bid to encourage sugar mills to divert production of the sweetener to the vehicle fuel to reduce the piling up of sugar.
The amount of sugarcane crushed in the second half of August in Brazil’s key Center-South region is expected to be 42.41 million mt, up 8.5% year on year and 26% higher than the previous two-week period, an S&P Global Platts survey of analysts found Tuesday.
In a shock move that serves to show that Zanu PF will never change, the party’s chairman for Masvingo Province Ezra Chadzamira has told supporters that 10 000 of the 29 000 hectares of irrigable land at the recently opened Tugwi-Mukosi Dam have been reserved for party leaders. He said 2 000 Zanu PF leaders,… Read More »
If media reports are to be believed, the Yogi Adityanath government in Uttar Pradesh has finalised a multi-thousand crore package for the state’s sugarcane farmers to clear their outstanding dues which are now hovering around the Rs 11,000 crore figure. Sugarcane, the region’s cash crop, is critically important to Uttar Pradesh’s economy — and politics.… Read More »
The sugar sector has expressed opposition to a proposal for open importation of sugar by industrial users. In a recent news conference, Jose Maria Montinola of the Victorias Planters Association said the proposal for direct sugar importation was made by the Economic Development Cluster to address rising inflation in the country. “Why include sugar when… Read More »