Sugar stocks rally
India considering raising sugar and ethanol prices, minister says
India is considering raising domestic prices of ethanol and sugar, the food minister said on Thursday, as the country seeks to boost local supplies. Reuters reported this month that India, the world's biggest sugar producer after Brazil,
Govt Considers Raising Sugar MSP And Ethanol Prices
The minister also said that a committee of secretaries is currently discussing a proposal to raise the minimum selling price of sugar, which has been fixed at Rs 31 per kg since February 2019
Sugar stocks rally as govt mulls MSP, ethanol price hike
The sugar industry in a sweet spot as the food minister says government is considering lifting sugar export ban and may also hike minimum support price for sugar.
Government Considers Ethanol Price Hike and Sugar MSP Increase for 2024-25 Season
The government is contemplating an increase in ethanol prices, raising the minimum selling price (MSP) of sugar, and reviewing sugar exports for the 2024-25 season. Food Minister Pralhad Joshi announced that discussions with the petroleum ministry are ongoing,
Government hints at rise in prices of ethanol, sugar
The government sees the ethanol blending program as a key to meeting its green energy commitments and improving the financial health of sugar mills.
Govt mulls hike in sugar MSP, ethanol prices; exports under review
India’s sugarcane cultivation area has increased by 18 per cent to 6 million hectares in the last decade, with production up 40 per cent to 491 million tonne,
Government Mulls Ethanol and Sugar Price Hike for 2024-25
The Indian government is considering increasing the ethanol price and the minimum selling price of sugar for the 2024-25 season, according to Food Minister Pralhad Joshi. The petroleum ministry is currently examining the proposal.
Centre may increase ethanol, sugar prices
Union Food Minister Pralhad Joshi announces potential ethanol price increase and sugar minimum selling price adjustment for 2024-25.
Govt To Increase Sugar MSP, Ethanol Prices? Sugar Exports For 2024-25 Under Review
Ethanol prices, set by the government, have not been raised since the 2022-23 ethanol supply year (November-October).
Sugar Prices Post Moderate Losses on Hopes India Will Resume Sugar Exports
Thursday closed down -0.11 (-0.47%), and December London ICE white sugar #5 (SWZ24) closed down -3.20 (-0.54%). Sugar prices Thursday gave up an early advance and posted moderate losses after the Indian Sugar and Bio-energy Manufacturers Association (ISM) said India will have 2 MMT of sugar to export next season
Govt mulling increasing ethanol price, sugar MSP: Food Minister Pralhad Joshi
The government is considering increasing the ethanol price for 2024-25 season as well as minimum selling price of sugar, Food Minister Pralhad Joshi said on Thursday. Joshi said the proposal on hiking the ethanol price is under consideration of the government.
Sugar stocks rise up to 8% on hopes of MSP hike, ethanol price boost; Shree Renuka, Balrampur Chini top gainers
The sugar industry is advocating for an increase in the minimum selling price (MSP) of sugar, currently set at ₹31 per kg, ...
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Sugar stocks jump on government plans for ethanol, MSP hikes
Sugar stocks surged following comments from the food minister about potential ethanol price hikes and a review of the sugar ...
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