News Clipping

• India may allow raw sugar export
  India, saddled with huge sugar stocks, could allow mills to produce raw sugar for export in a bid to tap the international raw market, traders and officials said on Thursday. More
  
  
• Wagah border opened for sugar import from India
  While rejecting the Pakistan Sugar Mills Association's (PSMA) demand, the government has opened the Wagah border to import 50,000 tonnes of pending sugar from India, following approval by the Economic Co-ordination Committee (ECC) of the Cabinet a day earlier, official sources told Business Recorder here on Wednesday. More
  
  
• Govt nod to produce, export raw sugar soon
  There may soon be a whole new world out there for Indian sugar. The Union government is planning to allow the production and export of raw sugar for the first time. More
  
  
• Brazil cane raisers sweet on ethanol
  Maurilio Biagi, president of Brazil's largest sugarcane mill, hopes to wake up one day soon to his sweet dream in which cane-based alcohol fuels the world's cars and trades as a world commodity. More
  
  
• Center seeks suggestions on sugar distribution
  The center has sought suggestions of the State Governments on the issue of providing sugar to families below the poverty line (BPL) after its full decontrol and is examining a series of proposals to put in place an alternative mechanism. More
  
  
• Sugar production to fall by 2 mt
  Indian sugar production in the coming season (October-September 2001-02) could go down by two million tonne owing to a drought in major producing states like Gujarat and Maharashtra last year, but experts are not ruling out an upward revision later on account of a normal monsoon this season.   More
  
  
• Monsoon may slow down sugar trade in India : Analysis
  With monsoon pouring over the country it is anticipated that export activity may adopt a go slow attitude in the forth coming months.   More
  
  
• Molasses price in Maharashtra records high at Rs 1250 per tonne
  Rise in domestic demand for molasses in Maharashtra has pushed basic domestic price to a high of Rs 1250 per tonne this season.   More
  
  
• Futures trading in sugar: A timely decision
  THE government's decision to introduce futures trading in sugar is timely and appropriate especially at a time when global prices are on the rise. The futures trading will not only stabilise domestic price throughout the year but also align it with global prices.   More