SUGAR/ETHANOL NEWS #latest

Sugar Ethanol Bioenergy Int- The Supreme Court on Monday set aside two orders of the National Green Tribunal (NGT) that had imposed an environmental compensation of ₹18 crore on Triveni Engineering and Industries Ltd for alleged pollution violations at its Khatauli sugar mill in Uttar Pradesh, reported Law Trend.

Sugar stocks soared up to 20% Tuesday after the Centre lifted all quantitative curbs on the production of ethanol from sugarcane juice, sugar syrup, and all forms of molasses for the upcoming sugar season, boosting investor sentiment toward these stocks. Analysts said the move is expected to improve profitability and an anticipated uptick in ethanol prices could provide further boost to these stocks.

Sugar Ethanol Bioenergy Int- The GST Council, in its 56th meeting, increased the Goods and Services Tax (GST) on all goods containing added sugar, other sweetening matter, or flavouring, including aerated waters. The tax rate has been revised from 28% to 40%.

Sugar Ethanol Bioenergy Int- The benchmark of world food commodity prices remained largely unchanged in August, as increases in sugar and vegetable oil prices offset declines in cereal and dairy quotations, according to the new report released by the Food and Agriculture Organization of the United Nations (FAO) on Friday.The FAO Food Price Index, which tracks monthly changes in the international prices of a set of globally-traded food commodities, averaged 130.1 points in August, marginally up from the revised July level of 130.0 points and 6.9 percent higher than a year earlier.

Sugar Ethanol Bioenergy Int- In an appeal to sugarcane farmers, Industries and Entrepreneurship Development Minister Sunil Handunnetti urged them not to be misled by political agendas. He also warned that legal action will be taken against anyone who deliberately sets fire to sugarcane fields, emphasizing that burnt cane becomes unusable.

Sugar Ethanol Bioenergy Int- The Global Ethanol Association (GEA) has officially launched as an independent, non-profit international organization headquartered in Switzerland.GEA’s mission is to unite resources and expertise, foster cross-sector collaboration, and amplify a powerful industry voice to unlock new opportunities

Sugar Ethanol Bioenergy Int- Indian Prime Minister Narendra Modi's government's roll-out of ethanol-blended fuel, called E20, has caused panic & confusion in the world's third-largest auto market.

Sugar Ethanol Bioenergy Int- Madhya Pradesh Chief Minister Mohan Yadav on Saturday held a virtual interaction with farmers affected by excessive rainfall and floods, and other natural calamities and transferred Rs 20.6 crore in relief assistance to 17,500 farmers from 11 districts.

Sugar Ethanol Bioenergy Int- Warmer temperatures in the United States are pushing people toward sugary products such as sodas and ice cream, according to new research, reports CBS News. The study, released Monday in Nature Climate Change, analyzed household food purchases from 2004 to 2019 to understand how changing temperatures influenced sugar intake.

Sugar Ethanol Bioenergy Int- Kolhapur District Central Cooperative (KDCC) Bank chairman and minister Hasan Mushrif has warned that the sugar industry could collapse if sugarcane productivity is not doubled within the next two years, Speaking at the bank’s annual general meeting, Mushrif urged farmers to adopt artificial intelligence (AI) in sugarcane farming to boost output.

Sugar Ethanol Bioenergy Int- The 23 cooperative sugar mills in Uttar Pradesh are close to clearing all cane dues for the 2024–25 crushing season. According to data from the cane department, mills have paid Rs. 2,724.09 crore out of a total Rs. 2,730.59 crore, achieving 99.76% of the total amount due to farmers.

Sugar Ethanol Bioenergy Int- A new study says Americans buy more soda and ice cream as temperatures rise. That could have implications in a warming world. Any kid can tell you there is nothing quite as delicious on a sweltering summer day as an ice cream cone. But scientists have now discovered just how much America’s sweet tooth is stoked by higher temperatures — with implications for a warming world.