Atul Chaturvedi, the Chairman of Renuka Sugar, said, "Sugar Production in the country is likely to be above 32.0 million tons , much higher than initial estimates. Further ,with Sugar exports banned and higher monthly releases Sugar values have remained sideways . Moreover, with Elections ro
The central government has imposed a 50 per cent export duty on molasses, amid a possibility of a decline in domestic sugar production in the current season.
New Delhi [India], July 25 (ANI): The domestic sugar production is likely to increase by 12.1 per cent to 30.5 million tonnes in SY21 after adjusting for the impact of diversion of B-heavy molasses and sugarcane juice for ethanol manufacture, according to investment information firm ICRA.
New Delhi [India], Nov 30 (ANI): Investment information firm ICRA has said that domestic sugar production estimates for season year (SY2020) have been revised downwards by 7.8 per cent to 26 million tonnes from the earlier preliminary estimate of 28.2 million tonnes.