Page 2 - Sugar Production

Sugar market eyes restrictions from India after lower monsoon rains

The global sugar market has been jittery for weeks on concerns that poor rains will crimp output and prompt India to restrict shipments to contain local prices ahead of an election next year

World eyes India's sugar output as Centre tightens screws on traders

With the world sugar production in 2023-24 poised to go into deficit due to expected drop in production in Thailand, India remains among the very few countries which is in a position to export sugar

Local sugar supplies may pip demand in 2023-24, industry estimates

This comes even as there could be a deficit globally

Indian sugar production concerns drive local prices to 6-year high

This could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are near their highest in more than a decade

Lack of rain may bring down sugar production in Maha, Karnataka: Official

Lack of rainfall may bring down sugar production in Maharashtra and Karnataka, an official from the National Federation of Co-operative Sugar Factories Limited said on Thursday. In order to meet domestic demand, there could even be a ban on exports, National Federation of Co-operative Sugar Factories Limited chairman Jaiprakash Dandegaonkar told PTI. "The expected sugar production for the year was 330 lakh tonnes but there could be a dip, while the carry over stock in the country is 65 lakh tonnes. The demand nationwide is 275 lakh tonnes and 50 lakh tonnes will be diverted for ethanol production," he said. "So to meet the domestic demand of 275 lakh tonnes, a ban may be imposed on sugar exports this year. India doesn't export sugar regularly. In the last two years, a global shortage of sugar saw India exporting 60 lakh tonnes," he explained. However, Dandegaonkar asserted that ethanol production target will be met despite dip in sugar production.

Sugar production declines 9% in 2022-23 season due to low recovery

Sugar production has also fallen in Karnataka and Gujarat

Elections to ethanol blending: Sugar production drop weighs on stakeholders

The government reportedly considering a blanket ban on exports to cool down prices

Indian sugar prices climb as production drops amid record demand

Sugar demand rises as consumption of cold drinks and ice cream climbs in India during the summer months that run roughly from April to June

Govt unlikely to permit additional sugar exports due to fall in production

The government is unlikely to permit additional sugar exports this year as untimely rains have impacted the production in Maharashtra, Food Secretary Sanjeev Chopra said on Thursday. The food ministry has allowed 6 million tonnes of sugar exports for the current 2022-23 marketing year (October-September). Out of which, about 4 million tonnes have been exported so far, as per the trade report. "We have a sugar production target of 38.6 million tonnes (including diversion for ethanol). Maybe production will go down by 2-3 lakh tonnes due to unseasonal rains in Maharashtra," Chopra told reporters on the sidelines of a press conference here. In view of likely fall in sugar output, the Secretary said, "Additional sugar export quota is unlikely to be allowed." Sugar production in India, the world's second largest sugar producing nation after Brazil, remained lower by three per cent at 29.96 million tonnes in the first six months of the 2022-23 marketing year ending September, as per the

Sugar stocks in focus: Balrampur hits 11-month high; Triveni, Dalmia up 3%

India's sugar production fell 3 per cent to 29.9 million tonnes (MT) in the first six months of the 2022 23-marketing year ending September, according to industry body ISMA.

Sugar output falls 3% to 29.96 mn tonnes in Oct-Mar of 2022-23: Isma

India's sugar production fell 3 per cent to 299.6 lakh tonnes in the first six months of the 2022-23 marketing year ending September, according to industry body ISMA. Sugar output stood at 309.9 lakh tonnes in the corresponding period of the previous year. The sugar marketing year runs from October-September. As per the data, sugar production in Uttar Pradesh rose to 89 lakh tonnes during October 2022-March 2023 period from 87.5 lakh tonnes in the year-ago period. Maharashtra's sugar production fell to 104.2 lakh tonnes from 118.8 lakh tonnes, while output in Karnataka declined to 55.2 lakh tonnes from 57.2 lakh tonnes. ISMA has projected production for 2022-23 to 340 lakh tonnes against 358 lakh tonnes in the 2021-22 marketing year.

Sugar output falls to 28.18 mn tonnes till March 15 of 2022-23: ISMA

The country's sugar output remained marginally lower at 28.18 million tonne till March 15 of the ongoing marketing year, industry body ISMA said on Friday. Sugar production stood at 28.45 million tonne in the same period of the 2021-22 marketing year. The sugar marketing year runs from October to September. According to the Indian Sugar Mills Association (ISMA), around 336 sugar factories were in operation in the period under review against 438 factories in the year-ago period. After diversion for ethanol production, the country's sugar production was 28.18 million tonne during October-March 15 of the ongoing 2022-23 marketing year, the industry body said in a statement. The output in Maharashtra -- the country's leading producer of the sweetener -- remained lower at 10.19 million tonne during October-March 15 of the ongoing marketing year compared to 10.90 million tonne in the year-ago period. The production in Karnataka too, the country's third largest sugar-producing state, s

No proposal to increase sugar export quota from 6 mn tonnes: Food Secy

The government is not considering any proposal as of now to increase the sugar export quota from the present 60 lakh tonnes for this marketing year ending September, Union Food Secretary Sanjeev Chopra said. The food ministry has allowed 60 lakh tonnes of sugar exports for the current 2022-23 marketing year (October-September). The country had exported around 110 lakh tonnes, an all-time high, of sugar in the 2021-22 marketing year. "The sugar production is going down by about 9 lakh tonnes, that is our estimate from the previous year. So keeping that in view, as of now there is no proposal to increase the export quota," Chopra said on the sidelines of an event on Thursday late evening. When asked that the ministry was to assess domestic production this month before deciding on further exports of sweetener, he said, "The production figures have come down. We have to see this buffer stock requirement first. And once that is met, then only we can take a call." The secretary asserted

AISTA cuts sugar production estimate to 33.5 mn tonnes in 2022-23 season

India's sugar production is projected to decline by 1 million tonne to 33.5 million tonnes in the ongoing 2022-23 season on account of lower sugarcane yields and sugar recovery, trade body AISTA said on Monday. Earlier, the All India Sugar Trade Association (AISTA) estimated sugar production at 34.5 million tonnes for the 2022-23 season (October-September). Based on revised figures, the country's sugar production, however, is likely to remain down by 2.3 million tonnes than the actual output of 35.8 million tonnes achieved in the 2021-22 season. Releasing the second estimate, AISTA said the revised estimate of sugar production excludes diversion of sucrose for ethanol making. Consequently, sugar production in Maharasthra is estimated to be lower at 11.3 million tonnes in the current season as against 13.7 million tonnes in 2021-22 season. The output in Karnataka is likely to be drop slightly to 5.5 million tonnes as against 6.2 million tonnes in the said period. In Uttar Pradesh,

India's sugar output up 5.39%, produced 25.4 mn tonnes so far this season

The association last month cut its 2022/23 output estimates by 7% from the previous forecast, as sugar cane yields in major producing states fell due to weather conditions

Maha sugar production to fall in 2022-23 due to excessive rain: Official

Sugar production in Maharashtra may fall from 137.28 lakh tonnes in 2021-22 to 124 lakh tonnes in 2022-23 due to adverse climatic conditions in different parts of the state, a top official has said. Continuous rains rendered the ground wet for long periods which impacted sugarcane cultivation, Sugar Commissioner Shekhar Gaikwad told PTI on Saturday. "As a result, the production will be going down in Maharashtra in the ongoing season. Earlier, we estimated 138 lakh tonnes production when the crushing season started. Now, it should be around 124 lakh tonnes. We have conveyed the updated figures of production to the central government," he said. "The crushing season will be over early as compared to last year. In the last crushing season, factories worked till the start of the monsoon. Now, it will end up by April end. A total of 199 factories are currently operational in the state," the official said. The crushing in Satara, Sangli, Kolhapur districts will be over by March end and in

Govt to raise sugar export quota in March after assessing output estimate

The government will take a call next month on increasing the sugar export quota from the present 60 lakh tonnes for the current marketing year after assessing the domestic production, Food Secretary Sanjeev Chopra said on Wednesday. The food ministry has allowed 60 lakh tonnes of sugar exports for the current 2022-23 marketing year (October-September), which is expected to see a drop in the sugar production. India exported a record 110 lakh tonnes of sugar in the previous year. "We have not yet taken a call. we are closely monitoring the production and we would take a call may be in March depending on what the final figures of anticipated production are," Chopra told reporters here when asked whether the government will hike the sugar export quota. He said the sugar production is estimated to be lower in the 2022-23 marketing year because of bad weather in some producing states. Recently, Indian Sugar Mills Association (ISMA) said that sugar production is estimated to fall 5 per ce

Sugar production up 3.42% to 19.35 mn tonnes in Oct-Jan of 2022-23: ISMA

The country's sugar production rose 3.42 per cent to 193.5 lakh tonnes in the first four months of the ongoing marketing year ending September, on rise in output in key producing states, industry body ISMA said on Thursday. Sugar production stood at 187.1 lakh tonnes during October-January period of the previous marketing year. Sugar marketing year runs from October to September. India is a major sugar producing country in the world. Releasing the latest production figures, the Indian Sugar Mills Association (ISMA) said around 520 mills were operating as on January 31, as against 510 mills in the year-ago period. Total sugar production, after diversion for ethanol manufacturing, has increased to 193.5 lakh tonnes till January of the current marketing year from 187.1 lakh tonnes in the year-ago period, it said. Sugar production in Maharashtra, the country's leading producing state of the sweetener, rose to 73.8 lakh tonnes during October-January of the ongoing marketing year from 7

Sugar production to fall 5% to 34 mn tonnes in 2022-23 marketing year: ISMA

India's sugar production is estimated to fall 5 per cent during 2022-23 marketing year ending September to 340 lakh tonnes as more quantity of sugarcane juice is being diverted for production of ethanol, according to industry body ISMA. Sugar production stood at 358 lakh tonnes in the 2021-22 marketing year (October-September). In a statement, Indian Sugar Mills Association (ISMA) said sugar production in 2022-23 is estimated at around 340 lakh tonnes after diversion of 45 lakh tonnes of sweetener towards ethanol manufacturing. Sugarcane juice/syrup and B-molasses are being diverted to ethanol making. In the previous 2021-22 marketing year, 32 lakhs tonnes of sweetener were diverted towards manufacturing of ethanol for blending with petrol. Based on the images of harvested and balance area, field visits, current trend of yields and sugar recoveries, ISMA has released its second advance estimates of sugar production for 2022-23. The actual sugar production in Maharashtra is estimat

Maharashtra sugar mills likely to shut early as rain hits cane supply

Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1