Sugar production is expected to be 13 per cent higher in the new season

-

Mumbai, Ta. 20 October 2020, Tuesday

In the current sugar season, which started in October, the country's sugar production is estimated to increase by 12 per cent to 21 million tonnes. Sugar production is on the rise due to high availability of sugarcane, said sources in the Indian Sugar Mills Association (ISMA).

This estimate has been made keeping in view the possible diversion of B molasses and 2 million tonnes of sugarcane juice for ethanol production. In the 2013-2014 sugar season, which ended in September, sugar production was 35 million tonnes and diversion for ethanol was 4 lakh tonnes.

With high production expected for the current season, India will have to continue exporting 4 million tonnes of sugar this year. Sugarcane juice and B-molasses are expected to be converted to ethanol, which is estimated to produce 21 million tonnes of sugar.

Ethanol production is also on the rise this year in view of the abundant production of sugarcane. However, the real picture will become clear only after tenders and bids for the supply of ethanol are provided by the mills, the sources said.

According to preliminary estimates, sugarcane production in the country will be moderately low in the current year, while it is expected to be higher in Maharashtra and Karnataka.

The opening stock of sugar in the country on October 1 is estimated at 10.05 million tonnes, which is lower than October 1 last year but higher than the domestic requirement at the beginning of the new season, Ismano's sources said.


Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se
Read more