Key Points
Indian mills produced 14.87 million metric tons of sugar between Oct. 1 and Jan. 15, a 7% fall from the previous year, because of lower output in key producing Maharashtra and Karnataka states, a leading industry body said on Wednesday...
Maharashtra's sugar production fell to 5.1 million tons from 6.09 million tons, while Karnataka's production dropped 12.7% to 3.1 million tons, the National Federation of Cooperative Sugar Factories said in a statement...
Production in the northern state of Uttar Pradesh rose 14.8% to 4.61 million tons as mills started operations early there, it said..
. India has decided to allow mills to divert up to 1.7 million tons of sugar for ethanol production, government and industry officials said last month, as New Delhi aims to reduce disruptions in its ambitious biofuel programme...
You might be interested in
India’s sugar production likely to fall 8% in FY24: Report
01, Nov, 23Sugar production in India is likely to fall nearly 8 per cent in the ongoing financial year due to lower rainfall in key producing states.
India braces for 8% sugar output dip as cane crop suffers- trade body
31, Oct, 23India's sugar production is likely to fall 8% to 33.7 million metric tons in the 2023/24 marketing year, which starts on Oct. 1, a leading trade body said on Tuesday, as lower rainfall in key producing states could dent yields.
India sugar crop woes create opportunity for Al Khaleej refinery
05, Mar, 24Dubai's Al Khaleej Sugar is aiming to increase production at its sugar refinery this year, targeting up to 1.5 million tons. The refinery operated at 40% of capacity last year, producing around 600,000 metric tons. The increase is attributed to competition from India being curtailed due to bad weather in the country. Al Ghurair mentioned that the white sugar market needs to be tighter to operate at full capacity
India's sugar output drops 5.4% y/y as mills close early
18, Apr, 23The government allowed mills to export only 6.1 million tonnes of sugar in the 2022/23 season, but Prime Minister Narendra Modi's administration was expected to allow a second tranche of shipments. India's absence from the market could lift global sugar prices , which were trading near their highest level in more than a decade, and allow rivals Brazil and Thailand to increase shipments.
Global sugar supply surplus rises on India, Thailand, says broker
22, Mar, 24NEW YORK (Reuters) - The global sugar market is projected to have a larger than expected supply surplus in the 2023/24 October to September season due to production recoveries in India and Thailand in
India, Thailand sugar crops looking better than expected, says Wilmar
02, Mar, 24By Marcelo Teixeira NEW YORK (Reuters) - Sugar crops in India and Thailand, two main Asian producers, are looking better in the final stages of the sugarcane harvesting, indicating higher sugar