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India: Sweetness magnified! This sugar stock delivered 230% return in 1 year
DATE 22Jul 2021

Share of Dwarikesh Sugar Industries Limited (DSL) has delivered 230 per cent return to its shareholders in one year. The share stood at Rs 24 on July 20, 2020. It has zoomed to Rs 79.20 today, translating into gains of 230 per cent during the period. In comparison, Sensex rose 42 per cent in one… Read More »

India: Increase in ethanol capacities to improve credit profile of sugar mills in FY23 – Report
DATE 22Jul 2021

Higher ethanol supplies due to enhanced distillery capacities and improving inventory position are likely to improve the credit profile of integrated sugar mills in 2022-23, according to a report. Advancement of Ethanol Blended Petrol-EBP20 along with favourable policies such as remunerative pricing of ethanol, easing of regulations to enable interstate movements as well as relatively… Read More »

India: India will remain major player in sugar, but uncertainties persist – OECD-FAO
DATE 22Jul 2021

Over the coming decade till 2030, Brazil, closely followed by India, will continue to dominate the world sugar market as the largest producer of cane sugar, accounting for 21 per cent and 18 per cent respectively, while Thailand is expected to increasingly play a bigger role than it has hitherto in production and export, the… Read More »

USA: First precision breeding of sugarcane with CRISPR-Cas9
DATE 22Jul 2021

Mehmet Tufan Oz, a former CABBI postdoctoral researcher at the University of Florida Food and Agriculture Organization, sequences genetically edited sugarcane data. Two recent studies by CABBI researchers in Florida have shown successful first precision breeding of sugar cane using CRISPR-Cas9 genome editing.

USA: Center-South Brazil H1 July sugar production expected to decrease 2.6% on year – survey
DATE 22Jul 2021

Sugar production in the key Center-South Brazil region is expected to total 2.951 million mt in the first half of July, down 2.6% year on year, an S&P Global Platts survey of 10 analysts showed July 21. Of the analysts surveyed, the cane crush estimate ranged from 42.3 million mt to 47.7 million mt. The… Read More »