Unsold molasses to delay sugarcane crushing season in UP

The unsold molasses stock with the Uttar Pradesh private sugar millers has put a spanner in the plans of an early start of the sugarcane crushing season from October 15.

However due to state molasses policy framework, the sugar millers are saddled with huge unsold molasses inventory, which has the potential of delaying the crushing season and pare it to the previous years.

The private millers under the aegis of UP Sugar Mills Association (UPSMA) have urged the state excise commissioner to facilitate early disposal of the molasses stock.

The millers claimed molasses allocation for country liquor manufacturers was higher than the actual