Business Standard

Thursday, December 19, 2024 | 10:25 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Sugar output may fall; still there'll be 8 mt surplus for exports: ISMA

ISMA estimates that the diversion of cane juice and B-molasses to ethanol shall cut sugar production by about 4.5 mt during the next marketing year.

sugar
Premium

Net sugar production before considering diversion towards ethanol is estimated to be higher at almost 40 mt in 2022-23, against 39.4 mt in the current 2021-22 marketing year.

Sanjeeb MukherjeeAgencies New Delhi
India's sugar production may drop slightly to 35.5 mt in the 2022-23 marketing year, starting October, because of the diversion of sugarcane towards ethanol manufacturing. Still, there would be almost an 8-mt surplus for exports, according to industry data. 
Production during the current 2021-22 sugar season is estimated to be almost 36 mt.
 
Indian Sugar Mills Association (ISMA) on Friday released its preliminary estimates for sugar production for the 2022-23 marketing year. ISMA said sugar output is expected at 36 mt in the current marketing year ending September. Domestic consumption next year is estimated to be around 27.5 mt, the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in