Mills


 

Chicago And Food [0.18]

Posted on Aug. 15, 2017, 1:59 p.m. by Points and Figures @ [source]

I go back and think about the first meeting we ever had of Hyde Park Angels, the angel group I spearheaded, in April of 2007. It wasn’t a pitch meeting, but a “meet us” meeting at the Gleacher Center in Chicago.

angel Chicago companies ecosystem food led meeting mills things venture

 

The country has sufficient stock of available and there are no plans to allow further imports of the at zero duty, Food Minister said on Saturday.

The country has supply of about 27.9 million tonnes (MT) in the current 2016-17 season (October-September).

crushing current duty import mills mt October operations season tonnes

 

Following the onslaught of what is apparently the worst has faced in 140 years, mills in the state are reaching out to their counterparts in to alleviate the chronic shortage of They have asked factories in UP to supplt 600,000 of raw during the 2017-18 season.

Following deficient rainfall this season, for the fourth consecutive year in a row, mills in are estimating a mere 550,000–650,000 tonnes of output for 2017-18 as against 2.4 million tonnes in 2011-12.

deficit government mills raw Rs season SS surplus tonnes transportation

 

Justice Dept.

President Trump and Attorney General Jeff Sessions have helped tilt the Justice Department to the right on civil rights issues.

credit Dept Doug Justice mills President The Times Trump York

 

President Trump has continued his campaign against Attorney General Jeff Sessions. Donald Trump's campaign against his attorney general, Jeff Sessions, in which he is seemingly attempting to insult and humiliate ...

Credit Doug Mills/The New York Times.

Attorney Campaign credit Doug General Jeff mills Sessions The Trump

 

Clean paper mills make better profits [0.02]

Posted on July 24, 2017, 8:19 p.m. by Markets @ [source]

Writing and printing paper mills have seen a sharp increase in their top and bottom lines over the last six quarters.

The (IPMA) estimates India’s writing and printing paper market at 4.6 million tonnes in 2015-16, growing at 5 per cent annually.

cent Crisil improved investments mills net Paper printing quarters writing

 

Sugar prices up on supply crunch, rising demand [0.18]

Posted on July 17, 2017, 11:35 a.m. by Markets @ [source]

Marketmen said negligible arrivals from mills due to blockage and diversion of roads in view of ongoing "Kanwar- yatra", sparked by strong buying by stockists and bulk consumers, supported the upside in the sweetener prices.

arrivals blockage diversion due Kanwar Marketmen mills negligible ongoing roads

 

All Roads Now Lead to Kushner - New York Times [-0.11]

Posted on July 16, 2017, 9:26 a.m. by Distressed Volatility @ [source]

Jared Kushner at the White House in May. Credit Doug Mills/The New York Times.

credit Doug House Jared Kushner mills The Times White York

 

Domestic sugar prices to move up on import duty hike: Icra [0.06]

Posted on July 13, 2017, 2:28 p.m. by Markets @ [source]

The government, early this week, raised the import duty on following the recent decline in prices and the improved outlook for domestic production for the upcoming year (SY) 2017-2018 beginning October.

Low import demand from India and global surplus expectation in 2017-18 on account of increased production from Brazil and India, have resulted in a fall of prices from around $540-$550 a tonne in January-February 2017 to $510 a tonne in March 2017.

cane domestic duty import India mills mt production recent tonne

 

NEW DELHI: Stocks of sugar companies hogged the limelight in Tuesday's trade after the government increased import duty on sugar to 50 per cent in order to curb dumping of the commodity in India as international prices fell.Reacting to the news, shares of sugar companies like Sakhti Sugars (up 5.49 per cent), Ugar Sugar Works (up 4.80 per cent), KM Sugar Mills (up 3.55 per cent) and KCP Sugar (up 3.38 per cent). No end date was specified for the duty increase.Other stocks such as Shree Renuka Sugars gained 1.72 per cent to Rs 15.35 and Dharampur Sugar gained 1.89 per cent.

cent companies duty gained import mills Rs stocks Sugar trade

 

India, the world's biggest consumer, could soon ramp up imports of the sweetener as a sharp drop in global prices and a stronger make overseas purchases viable despite stiff tariffs, industry players said.

Rising demand from India, which typically churns out its own to use in everything from fizzy drinks to sticky snacks, could support benchmark global prices that have been trading near 16-month lows.

cane duty free government import local mills month pay tonne

 

Sugar mills seek increase in duty to curb unwanted imports [-0.05]

Posted on June 17, 2017, 9:21 a.m. by Markets @ [source]

Faced with a sharp increase in raw import due to crash in its prices in the overseas markets, mills in have urged the government to raise to 60% from the existing 40%.

The government has allowed import of 500,000 tonnes of raw by the end of June 30, 2017, which according to industry sources, mills have already contracted for.

cent due existing import Indian industry mills raw Rs tonnes

 

Sugar prices in Indian markets remain subdued after government allowing import of duty free 5 lakh tons raw sugar to refineries and mills and in global markets prices have fallen sharply making import viable even at 40 per cent duty. While traders have not contracted import paying duty as of now as when sugar arrives, possibly in July they will be liable to pay 5 per cent IGST and market has rightly read the government message that all measures will be taken to ensure sugar prices remain under control.

cent duty import market mills pay raw remain season Sugar

 

Sugar prices in Indian markets remain subdued after government allowing import of duty free 5 lakh tons raw sugar to refineries and mills and in global markets prices have fallen sharply making import viable even at 40 per cent duty. While traders have not contracted import paying duty as of now as when sugar arrives, possibly in July they will be liable to pay 5 per cent IGST and market has rightly read the government message that all measures will be taken to ensure sugar prices remain under control.

cent duty import market mills pay raw remain season Sugar

 

Govt plans to enhance pulses milling capacity [0.06]

Posted on May 17, 2017, 7 p.m. by Markets @ [source]

To cut down the time lag between production of and its final consumption, the central government is planning to enhance the milling in producing states. In traditional mills, the process sometimes leads to just 65-70 per cent recovery, while this goes up to 90 per cent in modern mills.

cent involves kernel milling mills modern outer Pradesh removal splitting

 

The total area under globally will rise by five per cent to 30.8 million hectares in 2017-18 year (July-June). However, says,"India's area is forecast to increase by seven per cent to 11.3 million hectares in 2017-18, as farmers eye better returns brought about by higher prices and improved yields in 2016-17.

bales cent tonnes farmers import India lower mills season year yield

 

MUMBAI: Shares of Seshasayee Paper tumbled on Tuesday after the firm said the Tamil Nadu government instructed it to restrict water usage from the Cauvery river due to severe drought. Pudumjee Paper Products and Sree Sakthi Paper mills closed 6.7% and 8.4% higher, respectively, on Tuesday following the news.

earnings higher led mills news Paper Ruchira stocks Times trade

 

Another 18 days for zero-duty raw sugar import [-0.03]

Posted on April 13, 2017, 5 p.m. by Markets @ [source]

The central government has extended the deadline for companies and importers to import a total of 500,000 tonnes of raw at zero duty, from June 12 to June 30. The government has also allowed mills to import from three additional ports in southern India -- Visakhapatnam and Gangavaram in Andhra and Karaikal within Puducherry.

additional allowed Gangavaram government import India mills ports Southern Visakhapatnam

 

Printing Paper and Consumer Packaging remain weaknesses, but they should be less of a drag on performance in coming years than they have been recently.

International Paper (NYSE:IP) has performed solidly over the last year, gaining 25 percentage points relative to the Standard & Poor's 500 Index since February 2016, despite its recent price correction.

capacity demand division growth industry International Paper market mills prospect Pulp

 

Sugar shares in focus; Dhampur Sugar, Uttam Sugar up over 5% [-0.02]

Posted on April 12, 2017, 7:34 a.m. by Markets @ [source]

Uttam Mills, Dhampur Mills, Rajshree Sugar, Dwarikesh Sugar, Kesar Enterprises, Triveni Engineering & Industries, KCP and Mawana Sugars were up in the range of 3% to 10% on the BSE. In comparison, the S&P BSE Sensex was down 0.15% at 29,745 points at 12:57 pm.In the past five trading days till yesterday, most of the stocks had underperformed the market after the government decided to allow import of a restricted quantity of only 5 lakh MT of raw at zero duty through open general license.Credit rating agency ICRA on Wednesday said that this is unlikely to have any significant negative impact on the prices or profitability of mills in the near-term.CRISIL, last week, said that the credit risk profiles of manufacturers are likely to improve over the medium term with prices expected to remain firm over the current and next seasons (October 1 to September 30).The resultant higher profit and cash accrual is expected to be used by manufacturers to either reduce debt or invest in the relatively more stable ancillary business of distillery and electricity co-generation.“ prices are expected to remain firm in season 2017 (SS2017) because closing inventory is expected to be at an 8-year-low following a fall in production in Maharashtra and Karnataka.

agency BSE credit duty government import mills rating raw Sugar