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Sugar production pegged at 25.1 MT this crop year

19 May 2016 Evaluate

The production of sugar for this crop year is pegged at 25.1 million tonnes (MT), from the earlier estimates of 25.6 MT, mainly due to estimated decline in output in Uttar Pradesh and Karnataka, as per report compiled by Kingsman, a unit of S&P Global Platts.

The overall production in the country till end-April in the 2015-16 crop year was at 24.6 MT, down 11% from a year earlier. The production across the country is almost complete for this crop year with only 48 mills continuing with crushing operations, compared with 97 a year ago.

Indian Sugar Mills Association (ISMA) has also made downward revision of production to over 25 MT for the current marketing year on lower sugarcane availability.



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