Archived Articles

NEW DELHI: India's cabinet could soon approve an increase in the raw sugar subsidy paid to mills to about 4,000 rupees ($64) per tonne as it looks to cut large stockpiles, two government sources with direct knowledge of the matter told Reuters. 

India, the world's biggest producer behind Brazil, paid a subsidy of 3,300 rupees to produce and export raw sugar in the season that ended in September. 

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January 07, 2015 SugarOnline.com

The sugar production in Uttar Pradesh, India's second largest sugar producer, has touched 2 million metric tonnes in the current crushing season, according to India's Business Standard newspaper.

As per the latest statistics, 118 operational mills had collectively crushed nearly 21.50 million tonne of cane and produced almost 2 mn tonne of the sweetener.…

January 07, 2015 Agrimoney.com

The rally in sugar futures stalled amid doubts over the severity of the threat of dryness to Brazil's cane belt, and ideas that an uptick in demand may not prove sustainable.

Raw sugar futures for March, which soared more than 4% in the last session, stood 0.4% lower at 14.81 cents a pound in late deals in New York on Wednesday.

The retreat followed a…

January 07, 2015 ABS CBN News By Raiza Dapilin and Jewel Reyes

ZAMBOANGA CITY -- More than a 1,000 sacks of alleged smuggled sugar were confiscated by the Philippine National Police (PNP) and the Philippine Coast Guard (PCG) in Barangay Bolong in Zamboanga City on Tuesday.

Based on initial investigation, the ship ML Ylaiza Maye V was sighted by police in Barangay Bolong and was intercepted…

January 07, 2015 The Visayan Daily Star

While the proposed Sugarcane Industry Development Act of 2014 is by and large helpful to the industry, there are several toxic provisions in it that will hurt the farmers and the industry unless removed, sugar planter Stephen Chan warned yesterday.

The bill that has been approved at the congressional bicameral committee level is up for ratification in…