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 #Chana prices rose on low old-stock arrivals and festival demand, while #masur stayed flat. #Tur showed mixed trends as profit booking capped gains in key spot #markets, 

Chana prices can seen rise upcoming days ahead once imported stops 

 

Sugarcane crushing picks pace in Maharashtra, up 8 times year-on-year 

State-wide sugar production has reached 8.68 lakh tonnes versus 0.57 lakh tones a year ago

Maharashtra’s sugarcane crushing season for 2025–26 has picked up pace, with 147 mills crushing 117.27 lakh MT of cane as of November 19, according to the latest report from the state sugar commissioner.

Kolhapur division continues to lead the State, with its 30 operational factories crushing 29.61 lakh tonnes (lt) of cane and producing 25.32 lakh quintals of sugar. The division has recorded the highest recovery so far at 8.55 per cent. Pune division follows, where 23 mills have crushed 27.57 lt and produced 21.94 lakh quintals, yielding a recovery of 7.96 per cent.

In Solapur division, 32 factories have crushed 27.38 lt of cane and produced 18.51 lakh quintals of sugar, with a recovery of 6.76 per cent. Ahilyanagar division’s 21 factories have crushed 14.71 lt and produced 9.75 lakh quintals, recording a recovery of 6.63 per cent.

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India to Allow 1 Million Tons of Sugar Exports in 2024-25

 

India is set to permit the export of 1 million metric tons of sugar during the current season, according to government and industry sources. The move aims sugar mills clear surplus stock an help bilize domestic prices, even as production is expected to fall below consumption for the first time in eight years.

Key Highlights

1. Export Authorization

• The government is expected to issue an official order s allowing sugar mills to export 1 million tons of sugar.

• This decision marks a significant shift, as no exports were allowed during the 2023-24 marketing year.

2. Impact on Global Markets

• India's re-entry into the export market could exert downward pressure on global sugar prices,given its significant role as the world's second-largest sugar producer.

3. Support for Domestic Mills

• The export allowance offers relief to sugar mills struggling with low domestic prices, currently at their lowest in 18 months.

• Industry experts believe this limited export could provide a financial boost, especially as next year's production outlook is optimistic.

Production and Consumption Dynamics

Consumption Trends

• Domestic consumption is estimated at over 29 million tons, indicating a potential shortfall for the first time in nearly a decade.

India's Position Global Sugar Trade

• Between 2017 and 2023, India emerged as the second-largest exporter of sugar, shipping an average of 6.8 million tons annually.

• Key export markets include Indonesia, Bangladesh, and the UAE.

• The decision to resume exports, albeit at limited volumes reflects India's

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 Quadrant Future Tek IPO is a book built issue of Rs 290.00 crores. The issue is entirely a fresh issue of 1.00 crore shares.

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