The government is likely to take a decision on increasing the minimum selling price (MSP) of sugar within the next few days. MSP of sugar has remained unchanged at Rs 31 per kg since 2019, despite annual hikes in the fair and!-->… Read More...
Global sugar prices are under pressure, with raw sugar prices dropping to an 18-month low of 18.81 cents per pound. This price level has been consistent since mid-May, reflecting market expectations of higher production in the!-->… Read More...
The Agriculture Ministry has set a target of 470 mt of sugarcane production during the 2024–25 crop year (July-June). Even if the target is achieved, it may lower the sugar production in the next season to about 31 mt from the current!-->… Read More...
Indian Sugar Mills’ Association (ISMA) is optimistic about India's sugar surplus and is projecting a net production of 320 lakh tonnes. The figure will surpass domestic consumption estimates and could be a positive sign for sugar!-->… Read More...