Sugar mills in the country produced 142.7 lakh tonnes (lt) of sugar till January 15 nearly 31 per cent more than 108.94 lt produced during the corresponding period in the previous sugar season, said
Sugar production rose nearly 31 per cent to 142.70 lakh tonne in the three and a half months of the current sugar season (SS) 2020-21 (October-September) as compared to the last year as per the data released by the apex industry body, Indian .
As per the industry body, 487 sugar mills in operation across the country as on January 15, 2021 have produced 142.70 lakh tonne of sugar, as compared to 108.94 lakh tonne produced by 440 sugar mills as on January 15, 2020. This is higher by 33.76 lakh tonnes or 30.98 per cent from last season s production for the corresponding period.In U
Read more about Sugar Output Up 31% So Far In Current Season on Business Standard. India s 2020-21 sugar production till January 15 is up by 33.76 lakh tonnes or 31% compared to the same period of the previous sugar season (October to September), according to a latest update from the Indian Sugar Mills Association (ISMA). A total
Indonesia may emerge as the biggest importer of Indian sugar
Iran continues to use the accounts for buying these commodities but the amount in the accounts is depleting. January 12, 2021 / 08:59 PM IST
Uttam Sugar Mills | Company reported profit at Rs 11.70 crore in Q3FY21 against Rs 13.32 crore, revenue rose to Rs 433.26 crore from Rs 426.68 crore YoY.
Indonesia could emerge as the largest importer of raw sugar from India and may make up for any drop in exports to Iran, where shippers are facing payment problems.
“The roles of Indonesia and Iran with regard to India’s sugar exports are set to change with Jakarta likely to import over 10 lakh tonnes against three lakh tonnes last season (October 2019-September 2020),” said MEIR Commodities India Managing Director Rahil Shaikh.