International Sugar Journal

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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India – Balrampur Chini Mills invests US$28 mln in new ethanol plant [Full subscriber]

One of India’s top sugar companies Balrampur Chini Mills is investing in a new ethanol plant that will increase its capacity from the current 115 million litres to 18 million litres.

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South Korea – Imports of raw sugar likely to increase from India [Full subscriber]

A delegation from the Indian sugar industry recently held discussions with top representatives of all three sugar refineries of South Korea in Seoul with a view to increasing exports of raw sugar, according to local press reports.

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Brazil to formally complain against India’s sugar subsidies at the WTO [Full subscriber]

Brazil’s trade chamber ‘Camex’ has approved an authorization for the country to open consultations with the World Trade Organization (WTO) Dispute Settlement Body, to challenge subsidies it says India gives to cane growers and sugar exporters, according to various press reports.

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