January 5, 2021
The Pioneer | https://bit.ly/3pXw7ka
India’s sugar production increased 42 per cent year-on-year during October-December period at 110.22 lakh tonne on higher cane output and an early start of mills in Maharashtra, according to trade data.
Sugar marketing year runs from October to September.
Indian Sugar Mills Association (ISMA) said in a statement that mills produced 110.22 lakh tonne of sugar during October-December period of 2020-21 sugar marketing year as against 77.63 lakh tonne in the corresponding period of the previous year.
In Maharashtra, sugar production stood at 39.86 lakh tonne during the period under review as against 16.50 lakh tonne in the year-ago period. Sugar output in Uttar Pradesh rose marginally at 33.66 lakh tonne from 33.16 lakh tonne.
Around 10 lakh tonne of sugar export contracts are said to have been entered into by now and sugar has already started moving for exports.
The government has set a target of 60 lakh tonne of sugar exports during the 2020-21 marketing year, ending September, to liquidate surplus stock.