Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey    </title>
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Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.


The contracts had been signed late last..."/>
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Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.


The contracts had been signed late last..." />
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                            <p align="justify"><font ></font></p><p align="justify"><br /><font >Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.</font></p><p align="justify"><font >The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the output estimate has risen by about the same.</font></p><p align="justify"><font >&ldquo;I believe there are cancellations happening because of lower price in domestic market,&rdquo; Vivek Saraogi, president of the Indian Sugar Mills Association (ISMA), told Reuters in an interview on Wednesday.</font></p><p align="justify"><font >&ldquo;Doesn&rsquo;t look like anybody will sign more import deals. Logically it doesn&rsquo;t follow...there is no need for imports.&rdquo;</font></p><p align="justify"><font >The world&rsquo;s biggest consumer is likely to produce 24-25 million tonnes in 2010-11, higher than the local demand of 23 million tonnes, he said.</font></p><p align="justify"><font >India is likely to produce 18.7 million tonnes of sugar in 2009-10, according to ISMA, significantly higher than its initial estimates of 14-15 million tonnes, reducing the country&rsquo;s overseas purchases.</font></p><p align="justify"><font >According to industry estimates the south Asian country signed import deals for nearly 5 million tonnes in 2009-10, helping New York raw sugar futures rise to their highest in nearly three decades.</font></p><p align="justify"><font >In Maharashtra, the top sugar producing state, spot prices have fallen to Rs2,600 ($55.3) per 100 kg from the record Rs3,972.30 on 7 Jan, forcing millers to ask the government to impose an import duty on the sweetener.</font></p><p align="justify"><font ><em>Import duty</em></font></p><p align="justify"><font >Last year government permitted duty-free sugar imports and set limits on stocks as output fell and prices soared.</font></p><p align="justify"><font >India&rsquo;s Mawana Sugars earlier this week said it has cancelled a contract to import 30,000 tonnes of raw sugar.</font></p><p align="justify"><font >However, Balrampur Chini Mills hasn&rsquo;t cancelled any import contract, Saraogi, who is also managing director of the company, said.</font></p><p align="justify"><font >Saraogi said the government will certainly impose duty on white sugar imports before the beginning of new crushing season in October.</font></p><p align="justify"><font >Along with the duty, the industry is also pitching for the decontrol of the sector, which is tightly regulated by the government.</font></p><p align="justify"><font >Mills are required to provide certain amount of total output to government at lower price for public distribution system.</font></p><p align="justify"><font >Besides, government decides when mills can sell their produce in the open market and how much would be the quantity.</font></p><p align="justify"><font >&ldquo;I&rsquo;m pretty hopeful government can do something in next 6 month,&rdquo; he said.</font></p><p align="justify"><font >Sugar prices in domestic market are likely to remain steady in short term, Saraogi said.</font></p><p align="justify"><font >Monsoon rains are helpful for the cane crop, but assessing it exact impact will be difficult at this stage.</font></p><p align="justify"><font >India&rsquo;s annual monsoon, crucial for a rebound in farm output after last year&rsquo;s drought, has rapidly advanced to cover the entire country, boosting crop sowing and likely tempering food price inflation.</font></p><p align="justify"><font ></font></p>                                                           
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    <br><a href="http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html" class="re" target="_blank">Live Mint, 7 July, 2010, http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey    </title>
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Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.


The contracts had been signed late last..."/>
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Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.


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    <h1 class="cat-box-title">Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey</h1>
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                            <p align="justify"><font ></font></p><p align="justify"><br /><font >Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.</font></p><p align="justify"><font >The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the output estimate has risen by about the same.</font></p><p align="justify"><font >&ldquo;I believe there are cancellations happening because of lower price in domestic market,&rdquo; Vivek Saraogi, president of the Indian Sugar Mills Association (ISMA), told Reuters in an interview on Wednesday.</font></p><p align="justify"><font >&ldquo;Doesn&rsquo;t look like anybody will sign more import deals. Logically it doesn&rsquo;t follow...there is no need for imports.&rdquo;</font></p><p align="justify"><font >The world&rsquo;s biggest consumer is likely to produce 24-25 million tonnes in 2010-11, higher than the local demand of 23 million tonnes, he said.</font></p><p align="justify"><font >India is likely to produce 18.7 million tonnes of sugar in 2009-10, according to ISMA, significantly higher than its initial estimates of 14-15 million tonnes, reducing the country&rsquo;s overseas purchases.</font></p><p align="justify"><font >According to industry estimates the south Asian country signed import deals for nearly 5 million tonnes in 2009-10, helping New York raw sugar futures rise to their highest in nearly three decades.</font></p><p align="justify"><font >In Maharashtra, the top sugar producing state, spot prices have fallen to Rs2,600 ($55.3) per 100 kg from the record Rs3,972.30 on 7 Jan, forcing millers to ask the government to impose an import duty on the sweetener.</font></p><p align="justify"><font ><em>Import duty</em></font></p><p align="justify"><font >Last year government permitted duty-free sugar imports and set limits on stocks as output fell and prices soared.</font></p><p align="justify"><font >India&rsquo;s Mawana Sugars earlier this week said it has cancelled a contract to import 30,000 tonnes of raw sugar.</font></p><p align="justify"><font >However, Balrampur Chini Mills hasn&rsquo;t cancelled any import contract, Saraogi, who is also managing director of the company, said.</font></p><p align="justify"><font >Saraogi said the government will certainly impose duty on white sugar imports before the beginning of new crushing season in October.</font></p><p align="justify"><font >Along with the duty, the industry is also pitching for the decontrol of the sector, which is tightly regulated by the government.</font></p><p align="justify"><font >Mills are required to provide certain amount of total output to government at lower price for public distribution system.</font></p><p align="justify"><font >Besides, government decides when mills can sell their produce in the open market and how much would be the quantity.</font></p><p align="justify"><font >&ldquo;I&rsquo;m pretty hopeful government can do something in next 6 month,&rdquo; he said.</font></p><p align="justify"><font >Sugar prices in domestic market are likely to remain steady in short term, Saraogi said.</font></p><p align="justify"><font >Monsoon rains are helpful for the cane crop, but assessing it exact impact will be difficult at this stage.</font></p><p align="justify"><font >India&rsquo;s annual monsoon, crucial for a rebound in farm output after last year&rsquo;s drought, has rapidly advanced to cover the entire country, boosting crop sowing and likely tempering food price inflation.</font></p><p align="justify"><font ></font></p>                                                           
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    <br><a href="http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html" class="re" target="_blank">Live Mint, 7 July, 2010, http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html</a><div class="clear"></div>
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        LATEST NEWS UPDATES | Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey    </title>
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Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.


The contracts had been signed late last..."/>
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Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.


The contracts had been signed late last..." />
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    <h1 class="cat-box-title">Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey</h1>
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                            <p align="justify"><font ></font></p><p align="justify"><br /><font >Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters.</font></p><p align="justify"><font >The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the output estimate has risen by about the same.</font></p><p align="justify"><font >&ldquo;I believe there are cancellations happening because of lower price in domestic market,&rdquo; Vivek Saraogi, president of the Indian Sugar Mills Association (ISMA), told Reuters in an interview on Wednesday.</font></p><p align="justify"><font >&ldquo;Doesn&rsquo;t look like anybody will sign more import deals. Logically it doesn&rsquo;t follow...there is no need for imports.&rdquo;</font></p><p align="justify"><font >The world&rsquo;s biggest consumer is likely to produce 24-25 million tonnes in 2010-11, higher than the local demand of 23 million tonnes, he said.</font></p><p align="justify"><font >India is likely to produce 18.7 million tonnes of sugar in 2009-10, according to ISMA, significantly higher than its initial estimates of 14-15 million tonnes, reducing the country&rsquo;s overseas purchases.</font></p><p align="justify"><font >According to industry estimates the south Asian country signed import deals for nearly 5 million tonnes in 2009-10, helping New York raw sugar futures rise to their highest in nearly three decades.</font></p><p align="justify"><font >In Maharashtra, the top sugar producing state, spot prices have fallen to Rs2,600 ($55.3) per 100 kg from the record Rs3,972.30 on 7 Jan, forcing millers to ask the government to impose an import duty on the sweetener.</font></p><p align="justify"><font ><em>Import duty</em></font></p><p align="justify"><font >Last year government permitted duty-free sugar imports and set limits on stocks as output fell and prices soared.</font></p><p align="justify"><font >India&rsquo;s Mawana Sugars earlier this week said it has cancelled a contract to import 30,000 tonnes of raw sugar.</font></p><p align="justify"><font >However, Balrampur Chini Mills hasn&rsquo;t cancelled any import contract, Saraogi, who is also managing director of the company, said.</font></p><p align="justify"><font >Saraogi said the government will certainly impose duty on white sugar imports before the beginning of new crushing season in October.</font></p><p align="justify"><font >Along with the duty, the industry is also pitching for the decontrol of the sector, which is tightly regulated by the government.</font></p><p align="justify"><font >Mills are required to provide certain amount of total output to government at lower price for public distribution system.</font></p><p align="justify"><font >Besides, government decides when mills can sell their produce in the open market and how much would be the quantity.</font></p><p align="justify"><font >&ldquo;I&rsquo;m pretty hopeful government can do something in next 6 month,&rdquo; he said.</font></p><p align="justify"><font >Sugar prices in domestic market are likely to remain steady in short term, Saraogi said.</font></p><p align="justify"><font >Monsoon rains are helpful for the cane crop, but assessing it exact impact will be difficult at this stage.</font></p><p align="justify"><font >India&rsquo;s annual monsoon, crucial for a rebound in farm output after last year&rsquo;s drought, has rapidly advanced to cover the entire country, boosting crop sowing and likely tempering food price inflation.</font></p><p align="justify"><font ></font></p>                                                           
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    <br><a href="http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html" class="re" target="_blank">Live Mint, 7 July, 2010, http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html</a><div class="clear"></div>
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Sugar millers cancel import contracts by Rajendra Jadhav & Swati Pandey

Published on Jul 9, 2010   Modified on Jul 9, 2010

Sugar millers are cancelling import contracts due to a drop in domestic prices and are unlikely to sign new deals on expectations of a surge in local output, a top industry official told Reuters. The contracts had been signed late last year and early this year when domestic sugar prices rose to a record and the production outlook was lower. Since then the price has fallen by a third and the output estimate has risen by about the same. “I believe there are cancellations happening because of lower price in domestic market,” Vivek Saraogi, president of the Indian Sugar Mills Association (ISMA), told Reuters in an interview on Wednesday. “Doesn’t look like anybody will sign more import deals. Logically it doesn’t follow...there is no need for imports.” The world’s biggest consumer is likely to produce 24-25 million tonnes in 2010-11, higher than the local demand of 23 million tonnes, he said. India is likely to produce 18.7 million tonnes of sugar in 2009-10, according to ISMA, significantly higher than its initial estimates of 14-15 million tonnes, reducing the country’s overseas purchases. According to industry estimates the south Asian country signed import deals for nearly 5 million tonnes in 2009-10, helping New York raw sugar futures rise to their highest in nearly three decades. In Maharashtra, the top sugar producing state, spot prices have fallen to Rs2,600 ($55.3) per 100 kg from the record Rs3,972.30 on 7 Jan, forcing millers to ask the government to impose an import duty on the sweetener. Import duty Last year government permitted duty-free sugar imports and set limits on stocks as output fell and prices soared. India’s Mawana Sugars earlier this week said it has cancelled a contract to import 30,000 tonnes of raw sugar. However, Balrampur Chini Mills hasn’t cancelled any import contract, Saraogi, who is also managing director of the company, said. Saraogi said the government will certainly impose duty on white sugar imports before the beginning of new crushing season in October. Along with the duty, the industry is also pitching for the decontrol of the sector, which is tightly regulated by the government. Mills are required to provide certain amount of total output to government at lower price for public distribution system. Besides, government decides when mills can sell their produce in the open market and how much would be the quantity. “I’m pretty hopeful government can do something in next 6 month,” he said. Sugar prices in domestic market are likely to remain steady in short term, Saraogi said. Monsoon rains are helpful for the cane crop, but assessing it exact impact will be difficult at this stage. India’s annual monsoon, crucial for a rebound in farm output after last year’s drought, has rapidly advanced to cover the entire country, boosting crop sowing and likely tempering food price inflation.

Live Mint, 7 July, 2010, http://www.livemint.com/2010/07/07170003/Sugar-millers-cancel-import-co.html

Tagged with: Agriculture

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