Posts Tagged ‘jaggery’

Jaggery(Gur) – “The Medicinal Sugar” Final Part

Hello Friends here we come up with an extension of our previous blog  “Jaggery(Gur) – The Medicinal Sugar Part 1” in our “Commodity Corner Series”.

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Jaggery(Gur) – “The Medicinal Sugar” Final Part

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In previous blog we  read about how  Jaggery is formed, what is the market scenario of  jaggery/gur commodity, its current price value and production volume of jiggery in India.

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In this blog we would read about the Karnatka Govt initiative of setting up a jaggery park at Mandya, the country’s fourth largest jaggery market.

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Karnataka Plans Jaggery Park:

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The park, coming up at Mandya, will be developed over the next five years.

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Even as the sugar industry is competing with jaggery makers for a larger share of cane for their mills, Karnataka government has initiated steps to popularise new sugar-rich cane varieties suitable for jaggery making and increase productivity of jaggery units.

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In what could be the first of its kind initiative in the country, the University of Agriculture Sciences, Bangalore, is setting up a jaggery park at Mandya, the country’s fourth largest jaggery market.

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The aim of this initiative is to identify new sugar-rich varieties and encourage farmers to adopt scientific methods to increase production.

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The agriculture ministry has sanctioned the project for setting up of the jaggery park as part of the Rashtriya Krishi Vikas Yojana (RKVY) under the auspices of Zonal Research Station of UAS at VC Farm in Mandya.

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Under the project, farmers will be imparted training on scientific practices in jaggery production.

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The Centre has sanctioned Rs 8 crore for the current year to set up the jaggery park on a pilot basis on 500 acres in Mandya.

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In the first phase, around 150 farmers in select villages of Mandya, Mysore and Chamarajanagar districts will be enrolled to plant sugar-rich varieties of sugarcane from January 2010.

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Under this project, it is envisaged to increase the productivity and adoption of non-chemical methods to produce jaggery.

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Currently, 2,000 jaggery units are operational in and around Mandya, which produce an average 20,000 quintals per day.

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Through this project, it is planned to double the daily production over a period of five years.

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For the current year, around 70,000 hectares is under sugarcane cultivation in Mandya, about 12 per cent less than last year.

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The park will also showcase underroof technologies developed by various sugar research institutes from across the country for the benefit of farmers.

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Jaggery(Gur) – “The Medicinal Sugar” Part 1

Hello Friends here we come up with another write up on “Commodity Corner Series”.

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Jaggery(Gur) - "The Medicinal Sugar" Part 1

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Here we would touch upon the aspects related to the commodity “Jaggery” also termed as a “Gur”.

We would also read about how it is formed, what is the market scenario of this commodity, current price value and production volume of jiggery in India.


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Jaggery (Gur) is a coarse, unrefined sugar that has been made from sugar cane juice.

It is the natural mixture of sugar and molasses.

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Formation:


This is considered unrefined and is produced by boiling raw sugar cane or palm juice in iron pans.

It is then formed into blocks.


As it does not go through additional processing, it does retain some of the natural vitamins and minerals of the ingredients used, though boiling the juice does deplete some of these.

Many people do consider jaggery healthier than more refined sugar since it is less stripped of natural nutrients.


This may be eaten in small slices alone as a dessert, or it may be combined with spices to make a variety of Indian desserts and candies.

Jaggery is most often available in cake form, and ranges from fairly crumbly to nearly rock-hard.

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Market Scenario:


It is popular throughout southern and Southeast Asia.

Maharashtra is India’s largest producer and consumer of gur, with even a dedicated agricultural export zone.

Anakapalle is the biggest jaggery market yard in Andhra Pradesh and it caters to Orissa,West Bengal, Assam and other states besides Andhra Pradesh.

The major spot market is at the major terminal markets including Muzaffarnagar and Hapur.

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Price-production Factor:


In 2009, the journey of gur futures at the NCDEX counter started at Rs.750 and is now ruling at Rs. 1100 per quintal.

These surges in prices have been influenced by the high sugarcane rates.


In 2008-09 season, which ended in September, some gur-making units in UP have paid as high as Rs 250-260 a quintal for sugarcane compared to Rs 150-155 a quintal by sugar mills, as the cane production was lower in the state.


Steep fall in production in the northern markets such as Uttar Pradesh and also in the South Karnataka has contributed to the price rise here.

Even in the other markets in AP, such as Nidadavolu in West Godavari, production has fallen drastically.


Drought in the State and uncongenial climate in the northern States were some of the contributory factors to the steep fall in production.

The sugarcane yields in Visakhapatnam, Vizianagaram, and East Godavari districts had fallen due to drought conditions and the recovery was also poor this year.


The festival demand for jaggery is strong all over the country thanks to Pongal festival in Tamil Nadu and Makara Sankranti in the northern and western regions.

It is nearly 56% over last year, largely due to dip in sugarcane availability.


Farmers are selling more cane to gur-making units as they pay higher than sugar mills.

The production in India is expected increase to 8.2 million tonnes in the 2009-10 season on higher prices.

Gur price has outpaced sugar price and as a result more sugarcane would be diverted for making gur during the ensuing 2009-10 season (October-September).

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In next blog we would read about the Karnatka Govt initiative of setting up a Jaggery park at Mandya, the country’s fourth largest jaggery market.

Stay Tuned 🙂

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Note : For More Latest Industry, Stock Market and Economy News and Updates, please click here

Rice Procurement Tops 16 Million Tonne

Hello Friends here we come up with the Latest Agri Commodities updates from various parts of the country.

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Rice Procurement Tops 16 Million Tonne

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Rice Procurement Tops 16 Million Tonne :

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Rice procurement by Food Corporation of India (FCI) and state agencies for 2009-10 crop marketing year has surpassed 16 million tonne and was estimated at 16.3 million tonne as on Tuesday.

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This year, as usual Punjab and Haryana have contributed bulk of the total procurement with around 9.25 million tonne and 1.80 million tonne to the central pool.

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The procurement in other key rice growing states such as Chhattisgarh (1.43 million tonne), Andhra Pradesh (1.10 million tonne) and Uttar Pradesh (1.53 million tonne) have also picked up pace in the last few weeks.

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In Other major Commodities Updates, we have news about coffee exports globally dipping 7.8% and the retail prices of Jaggery getting costlier.

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Global coffee exports dip 7.8% in Oct-Nov:

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Coffee exports globally have fallen 7.8 per cent to 13.4 million bags (1 bag= 60 kg) in the first two months of the 2009-10 crop year.

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In India, exports have risen over 20 per cent to 516,000 bags in the same period, the International Coffee Organisation (ICO) has said.

The coffee year runs from October to September.

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Global coffee export figures remained bleak due to a sharp fall in shipments from Brazil, the world’s largest coffee producer.

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During the October-November period, overseas sale of coffee bean from Brazil dipped 11.11 per cent to 5.34 million bags from 6.01 million bags in the corresponding period last year.

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Jaggery to get costlier on festive demand:

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Retail prices of jaggery, one of the key ingredients used by south Indians in their Pongal/Sankranthi celebrations is set to become costlier and are likely to touch Rs 40-44 per kg as against Rs 37-38 per kg at present.

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Jaggery prices in the key southern states of Andhra Pradesh and Karnataka have already gone up between 4% and 12% during the last one month.

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