Indian Sugar Mills Association

Premier Association
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Sugar Industry in India

 

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INDIAN SUGAR

              Journal : July 2010 

 

EDITORIAL:  SUGAR DECONTROL

 

_________________________________________________________________________

PRESS NEWS

Sugar Industry

A Weekly Publication
by ISMA

VOL. No.: XXXVIII 13th August to 19th  August, 2010   NO. 33

 

PLEASE REFER TO OUR WEEKLY PUBLICATION FOR DETAILS

PRESS NEWS:  

 

·         Panel to fix ethanol rates in Sept if Cabinet dithers.  

·         Pawar asks millers to export 2 lakh tonne sugar lying in ports.

·         India allows export of sugar lying at ports.

·         SC backs NAC’s food security campaign.

·         Inflation hits double digits, IIP growth slides to single digit.    

·         Food inflation back to double digits at 11.4% on dearer cereals & fruits.

·         Montek sees inflation falling to 6% as price pressures ease.

·         Food safety body notifies use of sugar substitutes.  

·         Govt controls crush sector.

·         Sugar firms to look up only from October.

·         Finmin to move Cabinet note on GST on August 19.

·         Maharashtra may produce 86.5 lt sugar in new season.

·         In stopgap fix, ethanol price raised to Rs 27/- per litre.

·         Compulsory jute packaging for sugar, foodgrains.

·         Millers can export sugar lying at ports.

·         Sugar lobby wins ethanol round I.

·         Sugar stock seen at 5.8 mt on October 1.

·         Hindustan Petroleum looking for tie-up to sell sugar from Bihar Mills.

·         Sugar stockholding norm relaxed for bulk users.

·         Competition Commission of India to probe alleged sugar cartelization.

 

INDIAN MARKET REVIEW

 

·         Sugar turns sour on slack offtake.                            

 

INTERNATIONAL SUGAR SITUATION

 

International raw sugar prices made some gains during the last week – LDP for white sugar for October 2010 closed for the week at $ 549.90 per MT, up by US $ 10.10 per metric ton from last week.

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