India's sugar production News
The Indian Sugar Mills Association (ISMA) in July had projected a production of 35 MT in the 2018-19 season that started this month, taking into account higher cane acreage and forecast of normal monsoon.
Country's sugar production is estimated to decline by over 9 percent to 256 lakh tonnes in the current marketing year ending September on account of lower sugarcane output.
India's sugar production rose 24 percent to 23.60 lakh tonnes in the first two months of the current marketing year on higher output from Maharashtra.
India's sugar production rose by 33 percent to 7.61 lakh tonnes till November 15th in the current marketing year on higher output from Maharashtra.
India's sugar output is estimated to decline by 4.62 per cent to 26.8 million tonnes in the 2015-16 marketing year, says an ICRA report.
India's sugar production is estimated to touch all time high of 28.3 million tonnes (MT) in the ongoing marketing year, 2014-15, as mills have already manufactured 27.95 MT so far.
India's sugar production rose by 47 percent to 42.25 lakh tonnes till December 15 of this marketing year, which started in October this year, leading to a fall in ex-factory prices of the sweetener.
Rejecting the demand to hike import duty on sugar to 40 percent, the Finance Ministry on Friday said the levy will be retained at the existing level of 15 percent.
Loading...