Global sugar market waiting for India's stand on 2020-21 export subsidy

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India has been giving incentives for sugar exports as the country has been consistently producing excess sugar for several years. In October 2019, millers had signed contracts for export of about 800,000 tonnes of sugar as the government had announced the continuation of export. Of the 6 million tonnes of quota given for export by the government, the industry exported 5.9 million tonnes of sugar in 2019-20.

from Agriculture-Economy-News-Economic Times https://ift.tt/3knyhXY

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Assam’s bamboo-based refinery generates interest among private investors from varied sectors

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The Assam Bio Refinery, a joint venture between Numaligarh Refinery Ltd, Fortum, and Chempolis, plans to manufacture ethanol from bamboo starting in March. The refinery has generated interest from energy sector investors, and the company expects returns on investment to increase from value-added products. India is promoting the production of ethanol from non-food biomass to address shortages of food sources like sugar, maize, and rice. from Agriculture-Economy-News-Economic Times https://ift.tt/Msz0Jl6
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