For SY2012-13, the domestic sugar production is marginally higher than domestic sugar consumption (estimated at around 23-23.5 million MT) which together with imports of 0.5 million tons has resulted in a modest surplus, although sugar stocks still remain satisfactory at 6.5- 7.0 million MT or 3 months domestic consumption. The domestic free sugar realisations, which had shown an upward trend between May 2012 to November 2012 (peaking at around Rs.36,000/MT2), have since shown a declining trend falling to around Rs. 31,000/MT by May and June 2013. Competition from sugar produced by processing raw sugar (whose prices remained weak globally because of supply pressures) also continued to prevent any rally in sugar prices.


NEW DELHI: Subsidiary of EID Parry (India), Parrys Sugar Industries LtdBSE 2.25 % (PSIL) today reported net loss of Rs 20.12 crore for the first quarter ended on June 30.

The company had clocked a net loss of Rs 21.12 crore in the same quarter last fiscal.

The results of the first quarter of 2013-14, are not comparable with results of same quarter year ago, due to demerger of the company from its parent company EID Parry India LtdBSE -0.78 %, the company said in a filing to the BSE.


THE business sector in Negros Occidental hopes that President Benigno Aquino III would bare his plans about agriculture and the sugar industry during his State of the Nation Address (Sona) on Monday, before the joint session of the Congress.


Preparations for a strike in Fiji's vital sugar industry are going ahead despite an offer of better wages and conditions.

The Fiji Sugar Corporation has announced it will give sugar workers a a 5.3% pay increase, equal access to health insurance and access to the special welfare fund.

But the Sugar and General Workers Union says it's nowhere near enough, with the pay rise being equivalent to only half a chicken a week.

Union general secretary Felix Anthony tells Bruce Hill that a ballot on taking industrial action will still go ahead from Tuesday.

Radio Australia has approached the Fiji Sugar Corporation for comment, but they have not responded.

Presenter: Bruce Hill

Speaker: Fiji Sugar and General Workers Union general secretary Felix Anthony


The Renewable Fuels Association (RFA) and CN Railway will co-host two Ethanol Safety Seminars in Wisconsin. The Stanley seminar will be held on Tuesday, April 16th at the Stanley Fire Department, also co-hosted by ACE Ethanol, LLC. The Wisconsin Rapids seminar will be held on Wednesday, April 17th in the auditorium of Mid-State Technical College, also co-hosted by Big River Resources Boyceville, LLC.


Preliminary data on Renewable Identification Number (RIN) generation issued by the US Environmental Protection Agency (EPA) showed a m/m increase in demand for FAME with hydrotreated vegetable oils (HVO) and fuel ethanol declining slightly.

Y/y, Jan/Feb 2013 demand for FAME and HVO and cane ethanol is up sharply, the data on RIN generation imply, with corn ethanol falling by more than 300 mln gallons.


The centre will bear an additional annual subsidy of Rs2,600 crore on account of decontrolling the sugar sector for two years, finance minister P Chidambaram said today.

The additional subsidy burden comes at a time when the country's fiscal deficit is estimated to have barely been brought down to levels around 5.2 per cent of its gross domestic product (GDP).


New Delhi, Sugarcane growers are divided over the impact of the partial decontrol measures announced by the Government on Thursday.

The farmers in the North, especially Uttar Pradesh, are sceptical over the sugar factories passing on the gains to them arising from the removal of the levy system. This is even as total cane arrears across the country in the current sugar year increase to over Rs 10,694 crore, with Uttar Pradesh accounting for over half of it at Rs 5,800 crore, followed by Karnataka and Tamil Nadu.


The cost of complying with a federal mandate to use corn ethanol in fuel has risen sharply in the past few months, putting a squeeze on oil refiners.

The price of each credit that refiners need under the law topped $1.00 Friday, up from just a few cents last year.

"Eventually that cost is going to get passed along," said Bill Day, a spokesman for Valero Energy Corp., VLO -2.32% which sells gasoline to about 5,000 filling stations in the U.S.


When Cristin Couzens went on the hunt for evidence that Big Sugar had manipulated public opinion, she had no idea what she was doing. She was a dentist, not an investigative reporter. But she couldn't let go of the nagging suspicion that something was amiss.


Fuel is plentiful, but long drought could cut supply

ST. LOUIS — The persistent drought is taking a toll on producers of ethanol, with corn becoming so scarce that 20 ethanol plants have halted production.

The Renewable Fuels Association, a trade group, provided data showing that of the nation’s 211 ethanol plants, 20 have ceased production over the past year, including five in January. Most remain open, with workers performing maintenance-type tasks. But ethanol production probably won’t resume until after 2013 corn is harvested in late August or September.


North Dakota’s congressional delegation applauded Friday the Environmental Protection Agency’s certification of a new ethanol plant planned for the Jamestown area.

The EPA’s Renewable Fuel Standard-2 certification for the plant clears the way for Great River Energy to begin seeking financing for the Dakota Spirit AgEnergy facility planned for the Spiritwood Energy Park about 10 miles east of Jamestown. The plant has a construction estimate of about $130 million and will convert 23 million bushels of corn into 65 million gallons of ethanol per year.


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