Sugar production has already crossed the government’s estimates of 25.2 million tonnes in the current marketing year. As per the Indian Sugar Mills Association (ISMA), sugar mills have already produced 25.5 million tonnes of sugar till May of the 2011-12 which is 8% higher than the previous year’s 24.3 million tonnes.
The marketing year for sugar is from October-September. As per ISMA crushing is still on in the state of Tamil Nadu and will restart in Karnataka in the month of August. For these states sugar production has touched 3.72 million tonnes and 1.8 million tonnes, respectively, so far. It is expected that they will add another 0.5 million tones and will take sugar production for the current marketing year to around 26 million tonnes.
Production of sugar in Maharashtra, which is the country’s largest producing state for the sweetener, has increased marginally to 8.96 million tones and for Uttar Pradesh it was up by 18% to 6.95 million tones. Crushing in both the states has finished for the season.
Given the expectation of higher production of sugar, the government has already permitted export of 3 million tonnes in equal tranches this year.
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