The crushing of sugarcane at PSSK (Pandavapura Sahakara Sakkare Kharkhane), run by Bagalkot based Nirani Sugars of MRN Groups, will commence from July 29. As a precursor, the boiler at the Sugar factory was ignited by fire on Sunday after conducting rituals which chiefly included performing of homa and puja to Kalasa.
Sugar mills are likely to earn revenues of about Rs 15,000 crore in the 2020-21 marketing year ending November by selling ethanol to oil marketing companies (OMCs), the government said on Tuesday. In a written reply to the Lok Sabha, Minister of State for Food and Consumer Affairs Sadhvi Niranjan Jyoti said the country is self… Read More »
The government of India through Oil Marketing Companies (OMCs) is implementing Ethanol Blended Petrol (EBP) Programme, wherein ethanol is being blended in petrol to achieve the objectives of reducing import dependence, promote clean fuel and provide a boost to agriculture.
Since 2017, India has flooded global sugar markets via price and export subsidies to the tune of almost $2 billion, including $853 million in the 2019-2020 season alone, according to a new research paper by Green Pool Commodity Specialists, causing global prices to crash and earning it it a one-way ticket to the World Trade Organization,… Read More »
Arabica coffee futures on ICE rose sharply on Monday to their highest level in more than 6-1/2 years, buoyed by concerns that strong frosts in Brazil last week may have done extensive damage to trees in the world’s top producer. A further cold snap was also forecast for later this week.