FRP

The National Federation of Cooperative Sugar Factories (NFCSF), representing co-operative sugar mills in India, has requested the central government to increase the minimum selling price (MSP) of sugar by 35% to Rs 42/kg. The MSP was introduced in 2...

The transition to 5G and the associated infrastructure upgrades are driving this demand, with the global market for fiber optic cables expected to grow from $9.2 billion in 2021 to over $12 billion by 2024, representing a compound annual growth rate...

ISMA seeks sugar export despite surplus, impacting closing stock projections. Central government prioritizes ethanol over export, aiming to build reserves. Sugar prices rise despite production surprises, with 2024-25 forecast dependent on monsoon.

Sugar mills in India have paid Rs 78,000 crore to sugarcane farmers in the first six months of the current marketing season, a food ministry official said. Mills have cleared 87% of the total cane payment of Rs 90,000 crore till March 31 of the 2023...

Government remains firm on not resuming subsidised rice sale for ethanol. Chopra encourages maize ethanol production and highlights the impact on distillery investments. Increased sugarcane FRP aims to boost cultivation for the upcoming season.

The rice sale for ethanol makers was discontinued for various reasons, including apprehensions about domestic output and high retail prices, and economic unviability, he said. On the impact on investments on grain-based distilleries, Chopra said, "T...

India's sugar production declined to 280.79 lakh tonnes by March 15. Maharashtra, Karnataka, and Uttar Pradesh experienced varying levels of decrease. ISMA reported 371 active factories. Ethanol manufacturing and FRP hike were notable developments.

FRPs for sugarcane are typically fixed to ensure a guaranteed price to sugarcane growers and thus it does not take into account whether sugar mills will generate profit or stay in the red. Analysts opine that higher FRPs generally hurt the margins o...

The central government's nearly 7.7% increase in the fair and remunerative price (FRP) of sugarcane is anticipated to impact the profitability of sugar mills negatively, according to credit rating agency ICRA. However, the sugar industry expects the...

The government has decided to increase the Fair and Remunerative Price (FRP) for sugarcane growers by Rs 25 to Rs 340 per quintal for the 2024-25 season, marking the highest increase since 2014. This decision, taken at a meeting of the Cabinet Commi...

The government on Wednesday announced hiking the sugarcane FRP by Rs 25 to Rs 340 per quintal for the 2024-25 season starting October.Fair and Remunerative Price (FRP) is the minimum price that mills have to pay to sugarcane growers.The decision to ...

All the stores in India are open as usual, customers can shop at stores and online, she said, adding that The Body Shop has nearly 200 stores nationwide and catering to over 1,500 cities via online reach.

The Indian government is likely to raise the price of ethanol derived from sugarcane juice or syrup in order to incentivize investments in the ethanol industry. Currently priced at ₹65.60 per litre, the Indian Sugar Mills' Association has been urgin...

India's plastic exports declined by 6.9% to USD 34.5 billion in August compared to the same month last year, due to global economic difficulties. However, there was an increase in exports for certain product categories such as flooring, leather, lam...

The Indian government has set the Fair and Remunerative Price (FRP) for sugarcane at 315 rupees per quintal, with more than a 100% margin, meaning farmers will receive high returns. The FRP functions as a benchmark below which sugarcane cannot be bo...

Union cabinet decided to increase fair and remunerative prices for sugarcane for the next season by Rs 10 to Rs 315 per quintal, said Anurag Thakur while addressing media on Wednesday. "The decision will benefit 5 crore sugarcane farmers and their d...

The Centre on Wednesday announced a Rs 10 per quintal hike in sugarcane FRP, which is the minimum price that mills have to pay to sugarcane growers, to Rs 315 per quintal for the 2023-24 season starting October. The decision to increase the Fair and...

Examples of composite materials are polymer matrix, metal matrix, ceramic matrix composites and carbon matrix etc. "The Indian composites material industry is taking the consumption from 5,11,900 tonnes of composites materials in 2021 to 7,68,200 to...

Announcement of the policy will help sugar mills in enter into forward export contracts. Indian Sugar Mills Association (Isma) president Aditya Jhunjhunwala said the association has urged the government to allow exports of 8 million tonnes of the sw...