Sugar Producer

• Sugar Costlier by up to Rs 2 Per Kilogram on Import Duty Hike

  Sugar prices on Tuesday further rose by up to Rs 2 per kg to Rs 33.40 at the wholesale market in the national capital following a slew of measures by the government including a hike in import duty to bail out the industry.

• Bajaj Hindusthan Redeems Foreign Currency Bonds

  Bajaj Hindusthan, India's largest sugar firm, on Monday said it has paid nearly $18 million, including a premium, to redeem foreign currency bonds issued to International Finance Corporation (IFC).

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  Over 2 Dozen Sugar Mills Close Early In Maharashtra, To Affect Exports

  More than two dozen mills in the top sugar producing state of Maharashtra had stopped cane crushing by the end of February, nearly two months earlier than last year, due to adverse weather, a senior state government official said.

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  Indian Sugar Mills Close Operations Early: Trade Body

  Cane scarcity has forced Indian sugar mills to close operations ahead of normal schedule and more than 100 factories have stopped crushing, a trade body said on Wednesday.

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  India Set to Become Surplus Sugar Producer

  The Indian sugar industry is becoming structurally a surplus producer, Verma said in a keynote address to the two-day International Sugar Organization (ISO) seminar.

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  Dry Spell Wilts Crops, Stokes Food Inflation Concerns

  Farmers in the country run the risk of planting too much, too fast in the current monsoon season as an unexpected dry spell starts to wilt crops across the country, raising fears of lower yields and surging food prices in a mostly impoverished nation.

• Sugar Costlier by up to Rs 2 Per Kilogram on Import Duty Hike

  Sugar prices on Tuesday further rose by up to Rs 2 per kg to Rs 33.40 at the wholesale market in the national capital following a slew of measures by the government including a hike in import duty to bail out the industry.

• Bajaj Hindusthan Redeems Foreign Currency Bonds

  Bajaj Hindusthan, India's largest sugar firm, on Monday said it has paid nearly $18 million, including a premium, to redeem foreign currency bonds issued to International Finance Corporation (IFC).

• Sugar output down 50 per cent so far this season: industry body

  Sugar output has dropped 50 per cent to 24.24 lakh tonnes so far this season (2013-14) due to a delay in sugarcane crushing operations, especially in Uttar Pradesh, according to the Indian Sugar Mills Association (ISMA).

• India may not export sugar for up to 3 years

  India, the world's biggest sugar producer after Brazil, is unlikely to export the sweetener for up to three years as high production costs price shipments out of the global market and a drought in major growing regions squeezes output.

• Sugar production up by 14% till Mar 15 of 2011-12 marketing year

  The country's sugar production has increased by 14 per cent to 21.16 million tonnes till March 15