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SUGAR SHOCK ONE SHOT VFNM
SUGAR SHOCK ONE SHOT VFNM

$2.00 Buy It Now
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AVENGERS 1 GIVEAWAY PROMO SUGAR BABIES DADDY CHARLESTON
AVENGERS 1 GIVEAWAY PROMO SUGAR BABIES DADDY CHARLESTON

$12.00 Buy It Now
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WHITMAN BETTER LITTLE BOOK HAROLD TEEN SWINGING AT THE SUGAR BOWL
WHITMAN BETTER LITTLE BOOK HAROLD TEEN SWINGING AT THE SUGAR BOWL

$79.00 Buy It Now
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SHELDON MAYER SUGAR  SPIKE 70 2 PAGE STORY ORIG ART
SHELDON MAYER SUGAR SPIKE 70 2 PAGE STORY ORIG ART

$2,999.95 Buy It Now
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SUPERMAN KELLOGGS SUGAR SMACKS 1955 COMIC DUEL IN SPACE
SUPERMAN KELLOGGS SUGAR SMACKS 1955 COMIC DUEL IN SPACE

$79.50 Buy It Now
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SUGAR AND SPIKE 101957WATER SPORT
SUGAR AND SPIKE 101957WATER SPORT

$110.00 Buy It Now
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SUGAR AND SPIKE 191958TRILING
SUGAR AND SPIKE 191958TRILING

$100.00 Buy It Now
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Beetle Bailey 1996 Sugar Loaf Sarge Doll
Beetle Bailey 1996 Sugar Loaf Sarge Doll

$5.00
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Sugar Buzz 2002 1 NM
Sugar Buzz 2002 1 NM

$1.10 Buy It Now
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Beelte Bailey 15 Plush Sugar Loaf With Vinyl Head  Hands
Beelte Bailey 15 Plush Sugar Loaf With Vinyl Head Hands

$34.95 Buy It Now
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EWING Orig SUGAR  SPICE Cartoon by ALMA WHITAKER 1930
EWING Orig SUGAR SPICE Cartoon by ALMA WHITAKER 1930

$89.95 Buy It Now
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EWING Orig SUGAR and SPICE Cartoon by ALMA WHITAKER
EWING Orig SUGAR and SPICE Cartoon by ALMA WHITAKER

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RARE SUGAR AND SPIKE POST CARD 3 cent uncanceled stamp 1950s
RARE SUGAR AND SPIKE POST CARD 3 cent uncanceled stamp 1950s

$2.99 Buy It Now
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DC Archive Edition Sugar and Spike HC 2011 1 1ST NM
DC Archive Edition Sugar and Spike HC 2011 1 1ST NM

$54.99 Buy It Now
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Sugar And Spike 76 G VG The Blehh Strikes Thrice
Sugar And Spike 76 G VG The Blehh Strikes Thrice

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Sugar And Spike 76 VG The Blehh Strikes Thrice
Sugar And Spike 76 VG The Blehh Strikes Thrice

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DC Silver Age Classics Sugar and Spike 1992 99 VF
DC Silver Age Classics Sugar and Spike 1992 99 VF

$1.10 Buy It Now
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Manga Sugar Sugar Rune Book 1
Manga Sugar Sugar Rune Book 1

$3.00
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SUGAR AND SPIKE  81 CGC 94 OFF WHITE PGS OAKLAND
SUGAR AND SPIKE 81 CGC 94 OFF WHITE PGS OAKLAND

$250.00 Buy It Now
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Sugar and Spike 4 Nov 1956 Sheldon Mayer all pages complete Gd VG 30
Sugar and Spike 4 Nov 1956 Sheldon Mayer all pages complete Gd VG 30

$49.95 Buy It Now
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Thrilling Crime Case 44 VG+ 45 1951 Sugar Bowl Murder
Thrilling Crime Case 44 VG+ 45 1951 Sugar Bowl Murder

$56.95 Buy It Now
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Bad Blood GN John Bolton Warren Ellis Sugar Virus OOP
Bad Blood GN John Bolton Warren Ellis Sugar Virus OOP

$11.99 Buy It Now
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Sugar  Spike Giant Babies  Comic Book By Konami
Sugar Spike Giant Babies Comic Book By Konami

$4.95
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SUGAR and SPIKE original prod COVER ART 1960s BERNIE
SUGAR and SPIKE original prod COVER ART 1960s BERNIE

$79.99 Buy It Now
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1959 Sugar and Spike  25 by Sheldon Mayer  1959 Huckleberry Hound  39 in FN
1959 Sugar and Spike 25 by Sheldon Mayer 1959 Huckleberry Hound 39 in FN

$7.95 Buy It Now
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Sugar and Spike 18 Tough 1950s DC
Sugar and Spike 18 Tough 1950s DC

$64.99 Buy It Now
--> Ends In 2d 11h 25m <--
DC Archives Sugar And Spike Volume 1 Hardcover
DC Archives Sugar And Spike Volume 1 Hardcover

$58.99 Buy It Now
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SUGAR  SPIKE 86 DC COMICS 1969 VG PAPER DOLLS PRESENT
SUGAR SPIKE 86 DC COMICS 1969 VG PAPER DOLLS PRESENT

$13.99 Buy It Now
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Sugar and Spike 10 vg+
Sugar and Spike 10 vg+

$95.00 Buy It Now
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Sugar And Spike Archives Vol 1 by Sheldon Mayer NEW
Sugar And Spike Archives Vol 1 by Sheldon Mayer NEW

$91.86 Buy It Now
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SHELDON MAYER BEST OF DC 41 SUGAR  SPIKE Complete 10 PG STORY ORIG ART
SHELDON MAYER BEST OF DC 41 SUGAR SPIKE Complete 10 PG STORY ORIG ART

$2,995.00 Buy It Now
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Sugar and Spike Ruff and Reddy Bugs Bunny ++ 7 books
Sugar and Spike Ruff and Reddy Bugs Bunny ++ 7 books

$0.01
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Sugar  Spike 5 1957 Sheldon Mayer DC Comics
Sugar Spike 5 1957 Sheldon Mayer DC Comics

$91.11 Buy It Now
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Lot Sugar Ray Finhead 1 5 6 7 8 Jump Back Productions Indie Small Press NM TMNT
Lot Sugar Ray Finhead 1 5 6 7 8 Jump Back Productions Indie Small Press NM TMNT

$0.99
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SUGAR  SPIKE 16 1958 KEY  SOLID VG HOW SUGAR MET SPIKE
SUGAR SPIKE 16 1958 KEY SOLID VG HOW SUGAR MET SPIKE

$24.99 Buy It Now
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A Little Snow Fairy Sugar Volume 1 Manga ADV
A Little Snow Fairy Sugar Volume 1 Manga ADV

$9.99 Buy It Now
--> Ends In 3d 21h 17m <--
Sugar Shock One Shot Comic Book Dark Horse
Sugar Shock One Shot Comic Book Dark Horse

$3.50 Buy It Now
--> Ends In 3d 21h 18m <--
1959 Sugar and Spike 24 Comics book Fair
1959 Sugar and Spike 24 Comics book Fair

$20.00 Buy It Now
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Sugar and Spike 79 1968 DC Silver Age Sheldon Mayer
Sugar and Spike 79 1968 DC Silver Age Sheldon Mayer

$8.95
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Batman Forever Metal Drew Barrymore Sugar Card
Batman Forever Metal Drew Barrymore Sugar Card

$6.00
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sugar and spike Mickey mouse four color  lolly and pepper many others 1950 60s
sugar and spike Mickey mouse four color lolly and pepper many others 1950 60s

$6.00
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Superman National Comics Sugar and Spice December 1968 No 80
Superman National Comics Sugar and Spice December 1968 No 80

$1.99
--> Ends In 4d 12h 32m <--
SUGAR BEAR RACE 4 OUTER SPACE POST CEREAL GIVEAWAY PROMO MINI COMIC SUPER CRISP
SUGAR BEAR RACE 4 OUTER SPACE POST CEREAL GIVEAWAY PROMO MINI COMIC SUPER CRISP

$24.00 Buy It Now
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DC COMICS SILVER AGE SHELDON MAYERS SUGAR AND SPIKE  20 FROM 1958
DC COMICS SILVER AGE SHELDON MAYERS SUGAR AND SPIKE 20 FROM 1958

$17.10 Buy It Now
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AVENGERS SUGAR BABIES SPECIAL 1 Sep 93
AVENGERS SUGAR BABIES SPECIAL 1 Sep 93

$2.75
--> Ends In 4d 16h 33m <--
SUGAR FOOT FC 907 1958 VG OVER 50 below guide BIN9067
SUGAR FOOT FC 907 1958 VG OVER 50 below guide BIN9067

$11.87
--> Ends In 4d 16h 49m <--
SUGAR AND SPIKE 83 CGC 96 NM + BEST CGC Copy
SUGAR AND SPIKE 83 CGC 96 NM + BEST CGC Copy

$165.00
--> Ends In 4d 17h 54m <--
Snow Fairy SUGAR Lot Only a Part of my Collection for Sale
Snow Fairy SUGAR Lot Only a Part of my Collection for Sale

$9.99 Buy It Now
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SUGAR AND SPICE 99 1992 SILVER AGE CLASSIC
SUGAR AND SPICE 99 1992 SILVER AGE CLASSIC

$0.99
--> Ends In 4d 21h 21m <--
Sugar  Spike 80 Silver Age Comic Book VG
Sugar Spike 80 Silver Age Comic Book VG

$15.00 Buy It Now
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SUGAR AND SPIKE 88 1970 F 60
SUGAR AND SPIKE 88 1970 F 60

$14.95 Buy It Now
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SUGAR AND SPIKE 77 1968 VG F 50
SUGAR AND SPIKE 77 1968 VG F 50

$12.95 Buy It Now
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DC Comics Sugar And Spike 52
DC Comics Sugar And Spike 52

$35.99 Buy It Now
--> Ends In 5d 10h 15m <--
SUGAR RAY FINHEAD 1992 WOLF PRESS 246 signed
SUGAR RAY FINHEAD 1992 WOLF PRESS 246 signed

$19.89 Buy It Now
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PATTY CAKE Vol 1 SUGAR  SPICEMOSTLY SPICE TPB
PATTY CAKE Vol 1 SUGAR SPICEMOSTLY SPICE TPB

$9.00 Buy It Now
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Superman Time Capsule mini Sugar Smacks golden age DC
Superman Time Capsule mini Sugar Smacks golden age DC

$74.99 Buy It Now
--> Ends In 5d 13h 11m <--
Sugar and Spike 7 May 1957 CGC 60
Sugar and Spike 7 May 1957 CGC 60

$179.95 Buy It Now
--> Ends In 5d 13h 15m <--
SUGAR AND SPIKE 82 1969 DC COMICS SILVER AGE COMIC
SUGAR AND SPIKE 82 1969 DC COMICS SILVER AGE COMIC

$10.46 Buy It Now
--> Ends In 5d 17h 6m <--
Sugar And Spike  62 1965Santas Sleigh Broke Down
Sugar And Spike 62 1965Santas Sleigh Broke Down

$10.00 Buy It Now
--> Ends In 5d 17h 7m <--
Sugar And Spike  84 1969Bernie The Brains Biggest Blunder
Sugar And Spike 84 1969Bernie The Brains Biggest Blunder

$25.00 Buy It Now
--> Ends In 5d 17h 7m <--
SUGAR AND SPIKE  11 1957 G+  50
SUGAR AND SPIKE 11 1957 G+ 50

$50.00 Buy It Now
--> Ends In 5d 17h 50m <--
SUGAR AND SPIKE  11 1957 G  38
SUGAR AND SPIKE 11 1957 G 38

$38.00 Buy It Now
--> Ends In 5d 17h 50m <--
SUGAR AND SPIKE  19 1958 VG F  120
SUGAR AND SPIKE 19 1958 VG F 120

$120.00 Buy It Now
--> Ends In 5d 17h 50m <--
SUGAR AND SPIKE  25 1959 G  27
SUGAR AND SPIKE 25 1959 G 27

$27.00 Buy It Now
--> Ends In 5d 17h 50m <--
SUGAR AND SPIKE  78 1968 VG+  24
SUGAR AND SPIKE 78 1968 VG+ 24

$24.00 Buy It Now
--> Ends In 5d 17h 51m <--
SUGAR BOWL + JUKE BOX + FUTURE WORLD COMICS 120+ ON DVD
SUGAR BOWL + JUKE BOX + FUTURE WORLD COMICS 120+ ON DVD

$9.99 Buy It Now
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Sugar and Spike No 90 monster cover 1970
Sugar and Spike No 90 monster cover 1970

$14.99 Buy It Now
--> Ends In 6d 8h 28m <--
Sugar and Spike No 88 1970
Sugar and Spike No 88 1970

$11.99 Buy It Now
--> Ends In 6d 8h 29m <--
Sugar and Spike No 74 1968
Sugar and Spike No 74 1968

$17.99 Buy It Now
--> Ends In 6d 8h 29m <--
Sugar and Spike 4  DC 1956 ALL SHELDON MAYER  hayfamzone
Sugar and Spike 4 DC 1956 ALL SHELDON MAYER hayfamzone

$7.50
--> Ends In 6d 9h 59m <--
1968 March DC National Comics Sugar and Spike 75 12c
1968 March DC National Comics Sugar and Spike 75 12c

$1.99
--> Ends In 6d 11h 11m <--
SUGAR SHOCK ONE SHOT 199 SALE WHEDON MOON
SUGAR SHOCK ONE SHOT 199 SALE WHEDON MOON

$1.99 Buy It Now
--> Ends In 6d 12h 31m <--
ELVIRA MISTRESS OF THE DARK GIANT ANTSSEEKING SUGAR NOV 1995
ELVIRA MISTRESS OF THE DARK GIANT ANTSSEEKING SUGAR NOV 1995

$4.99 Buy It Now
--> Ends In 6d 13h 13m <--
DC Archive Editions Sugar And Spike Vol 1 Hardcover GN
DC Archive Editions Sugar And Spike Vol 1 Hardcover GN

$69.99 Buy It Now
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Fred Hembeck Color Sketch Card Sugar and Spike DC 1 1
Fred Hembeck Color Sketch Card Sugar and Spike DC 1 1

$9.99
--> Ends In 6d 13h 36m <--
Sugar And Spike 11 Strict G G+ 2 extra staples
Sugar And Spike 11 Strict G G+ 2 extra staples

$33.60 Buy It Now
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Sugar And Spike 9 Strict FR taped tear ins FC
Sugar And Spike 9 Strict FR taped tear ins FC

$24.00 Buy It Now
--> Ends In 6d 13h 59m <--
Sugar And Spike 20 Strict FRG G DC Comics
Sugar And Spike 20 Strict FRG G DC Comics

$26.40 Buy It Now
--> Ends In 6d 13h 59m <--
Sugar Princess Vol 1 2 English Manga Comic NEW
Sugar Princess Vol 1 2 English Manga Comic NEW

$15.95 Buy It Now
--> Ends In 6d 15h 18m <--
DC Silver Age Classics Sugar  Spike 99 Very Fine Near Mint 90
DC Silver Age Classics Sugar Spike 99 Very Fine Near Mint 90

$3.20 Buy It Now
--> Ends In 6d 15h 28m <--
Betty  Veronica 108 Visions of a Sugar Plum 11 pager
Betty Veronica 108 Visions of a Sugar Plum 11 pager

$310.00 Buy It Now
--> Ends In 6d 16h 13m <--
SUGAR AND SPIKE 16 hard to find MAYER 1958 DC FUN
SUGAR AND SPIKE 16 hard to find MAYER 1958 DC FUN

$74.99 Buy It Now
--> Ends In 6d 16h 36m <--
SUGAR AND SPIKE 89FNDC COMICS
SUGAR AND SPIKE 89FNDC COMICS

$1.00 Buy It Now
--> Ends In 6d 16h 53m <--
Sugar Princess Skating to Win Vol 1 2 Hisaya Nakajo
Sugar Princess Skating to Win Vol 1 2 Hisaya Nakajo

$9.99
--> Ends In 6d 17h 26m <--
Sugar and Spike 78 77 DC comic 1968
Sugar and Spike 78 77 DC comic 1968

$2.00
--> Ends In 6d 18h 8m <--
SUGAR AND SPIKE 82 VG+ 45 1969 OFF WHITE PAGES
SUGAR AND SPIKE 82 VG+ 45 1969 OFF WHITE PAGES

$9.99 Buy It Now
--> Ends In 6d 18h 43m <--
SUGAR AND SPIKE 81 VG+ 45 1969 OFF WHITE PAGES
SUGAR AND SPIKE 81 VG+ 45 1969 OFF WHITE PAGES

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--> Ends In 6d 18h 44m <--
SUGAR AND SPIKE 80 VG 40 1969 OFF WHITE PAGES
SUGAR AND SPIKE 80 VG 40 1969 OFF WHITE PAGES

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--> Ends In 6d 18h 44m <--
SUGAR AND SPIKE 79 VG+ 45 1968 OFF WHITE PAGES
SUGAR AND SPIKE 79 VG+ 45 1968 OFF WHITE PAGES

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--> Ends In 6d 18h 44m <--
SUGAR AND SPIKE 78 VG 40 1968 OFF WHITE PAGES
SUGAR AND SPIKE 78 VG 40 1968 OFF WHITE PAGES

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--> Ends In 6d 18h 45m <--
SUGAR AND SPIKE 77 VG 40 1968 OFF WHITE PAGES
SUGAR AND SPIKE 77 VG 40 1968 OFF WHITE PAGES

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--> Ends In 6d 18h 45m <--
SUGAR AND SPIKE 76 G+ 25 1968 OFF WHITE PAGES
SUGAR AND SPIKE 76 G+ 25 1968 OFF WHITE PAGES

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--> Ends In 6d 18h 46m <--
SUGAR AND SPIKE 73 G VG 30 1967 OFF WHITE PAGES
SUGAR AND SPIKE 73 G VG 30 1967 OFF WHITE PAGES

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--> Ends In 6d 18h 46m <--
SUGAR AND SPIKE 77 June July 1968 FN
SUGAR AND SPIKE 77 June July 1968 FN

$0.99
--> Ends In 6d 19h 8m <--
Avengers Sugar Babies Comic 1993 With 4 Superhero Cards
Avengers Sugar Babies Comic 1993 With 4 Superhero Cards

$4.49 Buy It Now
--> Ends In 6d 19h 17m <--
Sugar Shock 1 one shot comic book Joss Whedon Buffy
Sugar Shock 1 one shot comic book Joss Whedon Buffy

$2.49 Buy It Now
--> Ends In 6d 23h 6m <--
Sugar and Spike 6 Sheldon Mayer DC Comics
Sugar and Spike 6 Sheldon Mayer DC Comics

$82.11 Buy It Now
--> Ends In 7d 8h 35m <--
SUGAR  SPIKE 87 CGC 94 OW WHITE PAGES VERY TOUGH
SUGAR SPIKE 87 CGC 94 OW WHITE PAGES VERY TOUGH

$424.99 Buy It Now
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Sugar  Spike 7 DC 1957 VG
Sugar Spike 7 DC 1957 VG

$90.00 Buy It Now
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Little Orphan Annie COMPLETE SET 5 Sugar Daddy cards
Little Orphan Annie COMPLETE SET 5 Sugar Daddy cards

$49.75 Buy It Now
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Items Below ON Overstock
[phpostock]Sugar, 10[/phpostock]

Sugar Tastes Bitter

Sugar is a very important sweetening agent that is widely used and traded throughout the world. It has gained its importance with time and now no cuisines in any culture can consider itself complete with sugar. Exceptionally, now a days Indian sugar Industry is finding its taste bitter. Record sugar production has resulted in a glut in the market, lowering prices and swelling up stocks, thus eroding the profitability of sugar mills and around 566 sugar mills in the country and all major sugar producing states which contributes 85% sugarcane production of the country consists Maharashtra, Uttar Pradesh, Karnataka, Tamil Naidu, Andhra Pradesh and Gujarat finding themselves in adverse conditions, where all sugar mills in the country are suffering from financial health problem. Consequently, the sugar industry is facing a severe financial crises resulting in delays in payment to the farmers. The industry has been pressuring the government to provide fiscal relief including an export subsidy to overcome the crises.

Domestic Price and Production Status:

The country is facing a sugar glut following a record harvest of more than 30 million tonnes in the 2006-2007 crop year ended September 30, while annual domestic demand stand at only 19 million tonnes. Where surplus stock stands at 11 million tonnes, which is 6.79% of global production. According to an earlier forecast by Indian sugar mills Association, sugar output in the 2006-2007 sugar crop year ending in September was anticipated to around 30 million metric tonnes, down from an ISO estimate of 33 million tonnes. This is primarily because, more sugarcane farmers in the main sugar growing state of Uttar Pradesh are shifting to wheat cultivation. Some sugar farmers have already started selling their sugarcane to mills less than half of the current state recommended price of Rs. 1250 -1300 per tonnes since they are keen to clear their land to start cultivating wheat for which minimum support price MSP has been increased. The current price of the domestic whole sale sugar at just around Rs. 12.50/kg is far below the cost of its production. It has plunged from around Rs. 18 -19/ kg in the last 12 months which ultimately resulting in disequilibrium in demand and supply, delay in payment to farmers, rise in inventory level, pressure on government, quarter to quarter rising losses to sugar mills.

World Sugar Market:

The World Sugar production stands at 162.63million tonnes, where 120 countries are contributed in the production, where major contributors are Brazil, European Union, Thailand, Australia, Cuba, India, United States and China. Where India had been the largest producer of sugar in the world for 7 out of 10 years but now Brazil has taken a lead from India.

INTERNATIONAL LEADERS IN SUGAR MARKET

Here both are contributing around 39% of the total production. As far as world sugar statistics are concerned, these are not even showing the positive node for the domestic industry. As it is evident from the table given below:

WORLD SUGAR BALANCE

Parameters 2006/07 2005/06 Change Change

in million tonne in %

Production 162.621 152.079 10.542 6.93

Consumption 153.506 149.859 3.647 2.43

Surplus/Deficit 9.115 2.220

Import demand 44.438 46.676 -2.238 -4.79

Export availability 47.492 46.689 0.803 1.72

End Stocks 65.825 59.764 6.061 10.14

Stocks/Consumption ratio in % 42.88 39.88

Source: ISO quarterly market outlook, May 2007

The International Sugar Organization has estimated a higher global sugar/surplus for the year 2007-08 where in the year 2006-07 it is stood at a surplus of 9.115 million tonnes, which is adversely affecting the exporting countries’s export reserves and pulling down the international prices. Even the global numbers are not in favour of domestic market.

The Tough way ahead

Indian sugar market in the short to medium term is not in a position to provide some encouraging picture. Because, sugar is an agricultural commodity since it is produced from cane. It is also an industrial commodity because of the characteristics of the contracting processes relating to procurement of cane and the manufacturing, storing, packing and marketing processes related to sugar. But few agricultural and industrial commodities have been as tightly as sugar. The continuity of supply of refined sugar at low prices to a large consumer market has dominated the central government‘s policy. The certainty of procurement of sugarcane at high prices has dominated the state government’s policies. Hence, the sugar industry may be viewed as a crushed intermediary between low output prices and high input prices. Secondly, the sugar mills are unable to prune output, procurement and procurement price in response to lower prices in the short term, in order to keep them in liquid form. Because, they have to settle their debts, which accounts nearly 67% of the cost of production of sugar and the only source of paying the debts is the revenue generated from sales, which are now at discounting rate. But if this situation continues, it will result in dire consequences. Thirdly, after fulfilling the domestic consumption at discounting rates, next challenge for the industry is settlement of its surplus stock, where the way leads to international competition. The world exports of sugar hover around 40 million tonnes and the leading sugar exporting country is Brazil, exporting to around 55% of its total produce. Brazil is followed by European Union, Thailand, Australia and Cuba in the list. These top five exporting countries constitutes almost 65% of the world’s total export, where India is no where in the top list even being a second largest producer in the world. Although India is facing competitive pricing policies of leading exporters and finding it on the backside place and the export import policy depends upon the production demand mismatch in the country, where governments ban on export pushes the sector in dark. The financial position of the market leaders in the country is critical. It is evident from the numbers of the Sugar industry’s top leaders, Which are marching from bad to worse situation on quarter to quarter basis. If we compare the numbers related to PAT(profit after tax) in the June to Dec, 06 with Jan to June, 07 half yearly basis, these are showing horrible picture. The declining sales prices are liable

WHAT THE NUMBER SAYS

Sugar Producing Companies Previous

June-Dec 06

(PAT) Current

Jan-june 07

(PAT) Absolute change % change

1. Bajaj Hind 55.48 -56.81 -58.14 -104.79

2. Shree Renuka 1758 44.2 26.62 151.42

3.Dhampur Sugar Mills 8.39 -37.58 -45.97 -547.91

4. Balrampur Chinni 85.41 -27.34 -112.75 -132.01

5. Bannai Aaman 48.83 21.12 -27.71 -5674

6. Triveni Engg 52.54 -14.57 -67.11 -127.73

7. Andhra Sugar 36.45 10.33 -26.12 -71.65

8. Shakti Sugar 16.16 14.02 -2.14 -13.24

9. Uttan Sugar 36.56 -31.09 -67.65 -185.03

10. Upper Ganges -3.19 -25.06 -21.87 -685.57

Total Profits/Loss 354.21 -102.78 -456.99 -129.01

Any profit/Loss 35.42 -10.27 -456.97 -129.01

for dominating the operating margins of the companies and hence, the depressing financial condition of the concerns are finding inability to bottoming out The overall position of the sector, which is clear from the charts is not impressive in any way. The industry is facing sharp downward trend.

POSITIVE TO NEGATIVE

PAT of ten leading companies on average basis

Figures in Rs crore

The numbers are in red and showing losses of these companies, amounts to 10.27 crore, where the average profit of the top ten leading companies was 35.42 crore and it results in negative change over 456%.

Future Prospect

India's transport sector is growing rapidly and presently accounts for over half of the country's oil consumption whilst the country has to import a large part of its oil needs. Hastening interest in an ethanol program was the country's sugar glut (part of which the industry is now exporting to the world market) and burgeoning supplies of molasses. The sugar industry lobbied the government to embrace a bio-ethanol program for several years. The industry emphasized that producing fuel ethanol would absorb the sugar surplus and help the country's distillery sector, which is presently burdened with huge overcapacity, and also allow value adding to by-products, particularly molasses.

The major industry player in India can go for Ethanol production, which requires investment for diversification in to distillery, ethanol and power may become possible. For that government of India has made blending of 5%. ethanol in motor vehicle fuels, compulsory, all over India and will be raised to 10% from Oct 2008. Until, recently this was restricted to only new states in India. This directive has provided sugar mills the opportunity to implement forward integration. A 5% ethanol blend on all India basis would require 500 million litres. The current availability of molasses and alcohol would be adequate to meet this requirement of the chemical industry and potable sectors, as India is the second largest producer of sugar in the world. This is only prospect which is available for the industry to survive and to change its outlook and another plus point with the industry is the demand of product which is free from heavy fluctuation and never ending. But initial investment and gestation period is the major area of concern. Beside this, government is nursing the industry by announcing subsidies, lifting of export ban and possible tax benefits in forms of reliefs, concessions and rebates.

But we can’t consider all these enough for the industry. These are just like the first aid for the industry and steps are required on the part of government to curb over supply, strength in prices, input –output balance and international competitiveness by adjusting its import export policy to protect the taste of sugar for the industry.

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Sugar Foods Pure Cane Sugar


Sugar Foods Pure Cane Sugar


$4.99


0% 1.25 lb 1.41 lb 90585 Pure cane sugar is perfect for breakrooms. Canister Natural Sweetener No Pure Cane Sugar Sugar Sugar Foods Sugar Foods Corporation www.sugarfoods.com

Sugar Foods Sugar In The Raw Sweetener


Sugar Foods Sugar In The Raw Sweetener


$13.99


0% 200 / Box 50319 Sugar In The Raw turbinado sugar is a raw sugar that is obtained or crystallized from the initial pressing of sugar cane. The sugar crystals aren't stripped of any color or flavor, giving it a natural taste. All-natural Sugar In The Raw has no additives. The distinctive taste comes from the molasses that naturally occurs in the crystals. Sugar is not bleached or refined. Molasses Natural Sweetener No Sugar Foods Sugar Foods Corporation Sugar In The Raw Sweetener Sugar Substitute www.sugarfoods.com

Domino Sugar Packets 2000ct


Domino Sugar Packets 2000ct


$19.5


Domino Sugar Packets 2000ct

Domino Sugar Canister


Domino Sugar Canister


$2.5


Domino Sugar Canister

Sugar in the Raw 200ct


Sugar in the Raw 200ct


$20


Sugar in the Raw 200ct

Vater Sugar Maple Drumsticks


Vater Sugar Maple Drumsticks


$7.59


Vater Sugar Maple Drumsticks


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