Sugar Market Commentary

The global sugar market has various reasons to show signs of concern right from smaller global supplies continuing to fuel fund buying of sugar...

Shree Renuka Sugars Ltd one of the largest sugar manufacturers and refiners in India is set to expand its biofuels operations to 970,000 litres/day (716 t/d) from 720,000 l/d currently. The $28mn investment will add 250,000 l/d of ethanol by October 2022 to help meet India's growing biofuels demand.

In conversation with ChiniMandi News, Mr. Indraneel Chitale a fourth-generation entrepreneur from Chitale Group, a popular name for sweets, namkeen,instant mixes, pulps, juices, that stands as a widely recognized brand for more than 75 years shared his views on how consumer pattern and buying behavior after Covid-19 pandemic.

According to a tweet by the Department of Food and Public Distribution, India Joint Secretary Sugar had a meeting with Principal Secretaries Agriculture & Industries Odisha regarding setting up distilleries for producing ethanol. 9 investors have shown interest to set up distilleries of 56 crore litre annual capacity. This step is likely to give a major boost to the farm sector in Odisha.

MAHARASHTRA CROP UPDATE It has been more than a year since one last travelled in Maharashtra. A lot has changed but a lot has also...