According to the sugar industry, mill production of sugar, net of ethanol diversion, is expected to drop 7% annually to a five-year low of 29.5 million tonnes (MT) in the 2024–25 season (October–September). Red-rot illnesses that have affected yield in portions of Uttar Pradesh and a decreased recovery rate due to insufficient monsoon rainfall in…
India’s sugar production has fallen by 18.42% this season, with major states like Uttar Pradesh, Maharashtra, and Karnataka experiencing significant declines. As of April 15, total production stood at 254.25 lakh tonnes, down from last year’s figures. The decline is largely attributed to factors like lower sugarcane yield and factory closures. A total of 496…
India’s sugar production is predicted to decline by 17% in 2024-25, reaching 26.52 million tonnes, according to the All-India Sugar Trade Association (AISTA). This decline is due to adverse weather conditions, diseases in Uttar Pradesh, and lower sugar recovery rates. Lower closing stocks and reduced carryover sugar could lead to a supply shortage. Consumption is…
Following a review of local supply, the government approved the export of one million tonnes (MT) of sugar on Monday for the current 2024–25 (October–September) season. The sweetener’s exports had been prohibited since the previous season. A notification from the food ministry states that “export quotas of 1 MT have been pro-rated among those sugar…
Parliament was informed on Friday that the Central Government has disbursed Rs 15,948 crore under various schemes to various sugar mills in the last 5 years till January 31 to clear the sugarcane price arrears of the farmers. According to the Union Minister of State for Commerce and Industry, the Central Government has introduced these…
As it struggles with shortages at home, India, the world’s top consumer of ethanol made from sugar cane, is thinking about reducing its output. According to persons familiar with the situation, who wanted to remain anonymous since the talks are private, authorities are looking into a proposal to restrict the amount of sugar-cane juice used…
In the initial estimate of the output, released on Tuesday by the Indian Sugar Mills Association (ISMA), India’s gross sugar production is predicted to fall by 8% to 33.7 million tonne (MT) in the 2023–24 season (October–September) compared to the previous season. According to ISMA, this season’s sugar output will be enough to meet the…
Thanks to a sufficient buffer and improved production prospects in Uttar Pradesh, Maharashtra, and Karnataka, there won’t be a shortage of sugar during the upcoming season (October to September), the India Sugar Mills Association (ISMA) declared on Wednesday. According to ISMA President Aditya Jhunjhunwala, there will be a carryover stock of 5.5 million tonne (MT)…
Prior to future festivities like Vijaya Dashami and Deepawali, the Nepali government plans to import 20,000 metric tonnes (MT) of sugar from India to accommodate domestic demand. The Finance Ministry has approved the import of only 20,000 MT of sugar at this time, despite the Ministry of Industry, Commerce, and Supplies’ request for a 60,000…
As a result of low cane yields due to a lack of rain, India is anticipated to forbid mills from exporting sugar starting in the upcoming season in October, suspending shipments for the first time in seven years. India’s exit from the global market would probably push up benchmark prices in New York and London,…
