International Sugar Journal

Brazil and Australia’s complaint at WTO against Indian sugar subsidies enters the second stage [Full subscriber]

Both Brazil and Australia have intensified their sugar related dispute with India by formally asking World Trade Organisation (WTO) to set up a panel to probe subsidies enjoyed by Indian cane growers which is breaching obligations.

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Indonesia imposes 5% tariff on raws from India [Full subscriber]

Indonesia is to impose import tax for Indian raw sugar to 5% from the previously US$38.9/tonne, according to a finance ministry regulation published on 27th June, reported Reuters.

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India – Export of 3 million tonnes of sugar secured [Full subscriber]

Indian sugar mills have contracted to export 3 million tonnes of sugar since the current marketing season began on Oct. 1, reported Reuters.

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India – 2018/19 will see ethanol blend exceeding 7% [Registered]

India is set to close in on the highest ever ethanol blend in gasoline of 7.2% in the current season (December 2018 – November 2019), according to local press reports.

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India – Millers secure contracts to export 2.2 million tonnes sugar [Registered]

Indian sugar mills have contracted to export 2.2 million tonnes of sugar since the current marketing season began on October 1, according to the president of the All India Sugar Trade Association Praful Vithalani, reported Reuters.

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India – Sugar mills to supply 510 million litres of ethanol processed from cane juice [Registered]

Measures taken by the Indian government in 2018 to boost ethanol production in the country are already resulting in an increase in contracted supply volumes, according to local press reports.

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India – Government approves a soft loan of US$1.5 billion to sugar industry [Full subscriber]

The Indian government’s Cabinet Committee on Economic Affairs (CCEA) chaired by the Prime Minister Narendra Modi on 28th February approved a soft loan of up to INR105.4 billion (US$1.5 billion) for the sugar industry to help mills clear outstanding dues to cane farmers, according to local press reports.

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WTO – Australia and Brazil launch formal complaint against India’s support for its sugar industry [Full subscriber]

The Australian Government, together with Brazil, has launched formal dispute action in the World Trade Organization (WTO) on India’s alleged sugar subsidies which has driven production and added to the global glut which has served to depress world prices and impacting their industries.

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Iran buys Indian sugar – payment will be in rupees to bypass US sanctions [Full subscriber]

Iran is set to import 150,000 tonnes raw sugar to India for March and April delivery, as it seeks to bypass US sanctions by paying in Indian rupees which it has accumulated through exports of crude oil to India, according to five trade sources, reported Reuters.

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India – US$1.2 billion lined up for investment in expanding ethanol production [Full subscriber]

On the back of the government initiative to drive biofuels production in the country, sugar mills have lined up fresh investment to the tune of INR 60 billion (US$840 million) to upgrade for producing ethanol from sugarcane, according to local press reports.

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