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India s October-March sugar output up 19%, exports gain momentum, says trade body

India s October-March sugar output up 19%, exports gain momentum, says trade body SECTIONS Last Updated: Apr 01, 2021, 03:43 PM IST Share Synopsis Maharashtra, India s second-biggest sugar-producing state, churned out 10 million tonnes of sugar in the first six months of the season, compared with 5.9 million tonnes a year ago, ISMA said. Reuters Indian sugar mills output rose by nearly a fifth year on year to 27.76 million tonnes in the first six months of the 2020/21 marketing year as production jumped in Maharashtra, a trade body said on Thursday. The country is the world s second-biggest sugar producer and the higher output could weigh on global prices,.

India s Oct-Mar sugar output rises 19% to 27 76 MT; exports gain momentum

MUMBAI (Reuters) - Indian sugar mills output rose by nearly a fifth year on year to 27.76 million tonnes in the first six months of the 2020/21 marketing year as production jumped in Maharashtra, a trade body said on Thursday. The country is the world s second-biggest sugar producer and the higher output could weigh on global prices,. More than half of the sugar mills closed operations by the end of March, the Indian Sugar Mills Association (ISMA) said in a statement. Maharashtra, India s second-biggest sugar-producing state, churned out 10 million tonnes of sugar in the first six months of the season, compared with 5.9 million tonnes a year ago, ISMA said.

sugarcane: Cane arrears rise over 19% to Rs 22,900 cr till Feb of 2020-21 season amid liquidity crunch: ISMA

Synopsis Quoting government data, ISMA said, cane arrear so far this year is higher as compared to arrears one year back when it was around Rs 19,200 crore. ISMA has pegged the country s total sugar output to be 30.2 million tonne in the 2020-21 season, higher than 27.42 million tonne in the 2019-20 season. Cane dues to be paid by sugar mills to farmers has risen by 19.27 per cent to Rs 22,900 crore till February of the 2020-21 season from the year-ago period, due to depressed sugar prices that have adversely affected the liquidity condition of mills, industry body ISMA said on Thursday. To improve the revenue realization of mills and ensure timely cane payment to farmers, ISMA said it is hopeful that the government will increase the minimum selling price (MSP) of sugar from the current level.

Resumption of sugar imports by Pak to open another market for India: ISMA

Resumption of sugar imports by Pak to open another market for India: ISMA
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