SUGAR/ETHANOL NEWS

Sugar production to hit by weather, export prospects dwindle: Isma

BRAZIL: Sugar exports fall 25% in December to 2.84 million T7th January 2025Brazil exported 2.84 million metric tonnes of sugar and molasses

Take note of drop in sugar recovery, assn. writes to govt amid SAP increase buzz

The current sugar season, starting October 1, projects 32 mt production, with 28.5-29 mt for domestic consumption and 4 mt diverted to ethanol

Last week, the government lowered the issue price of rice to be sold to distilleries for making ethanol to ₹22.50/kg, as against the economic cost of ₹39.75/kg, effectively subsidizing ₹17.25/kg from public exchequer

The import of sugar, rice, lentils, and cotton fabric, which had been declining in recent years through the Nepal-India border in Nepalgunj, has started to rise again.

Grain-based ethanol manufacturers across Punjab, Haryana, Uttar Pradesh, Maharashtra, Madhya Pradesh, Bihar, West Bengal and Tamil Nadu currently using maize or rice as main feed stock.

Reducing the price of rice for ethanol production is imprudent

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The switch to high-value crops has provided economic stability to these farmers and their efforts highlight the untapped potential of horticulture in Punjab.

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Sugar stocks will be in focus as India is set to achieve its 20% ethanol blending target within two months. Union Minister Nitin Gadkari highlighted that the initiative will reduce pollution and India's dependence on oil imports. E20 use significantly decreases carbon monoxide emissions in vehicles.