The Indian Sugar and Bio-Energy Manufacturers Association (ISMA) has released its first estimate for the 2024-25 season (October-September), the net sugar production is estimated lower at 29.3 million tonnes, from 31.96 million tonnes produced in previous […]
Molasses obtained from the refining of sugar is subject to a 50% export levy imposed by the government.
The Center has placed a 50% export tariff on molasses that come from the extraction or refinement of sugar, according to a government notification that was made public on January 15. As of January 18, this […]
The govt. announces 2nd tranche of its 15 LMT domestic sugar allotment for Oct 2023
The government released 15 lakh metric tonnes (LMT) of sugar for the second tranche of October’s domestic sales quota. The government had previously released the first tranche of the domestic sales quota, totaling 13 LMT, for […]