Indian Sugar Mills’ Association (ISMA) in its latest report stated that India's sugar output till March 15 in the current sugar season (October-September) has sharply fell by 21% to 21.58 million tonne (MT) compared to last year same period's 27.36 MT. The country has exported about 3 MT of sugar as against the maximum admissible export quantity (MAEQ) of 6 MT till March 15, 2020. The vast spreading coronavirus also has impacted on the global sugar prices.
As on March 15 this season, 136 mills have stopped crushing and only 321 sugar mills in the country were operating as compared to 173 mills and 354 mills, respectively in the last sugar season. In Uttar Pradesh, 119 sugar mills in operation have produced 8.71 MT. As per reports of ISMA, UP is expected to produce similar quantity of sugar as was produced last year at around 11.8 MT. Sugar output from country's second largest sugar producing state Maharashtra, till March 15 was considerably lower at 5.58 MT as against last year same period's 10 MT. The daily rate of crushing in the current season is significantly lower than last year. In Karnataka, 63 sugar mills have produced 3.33 MT.
Considering the daily crushing and the special season in July-September, total of 3.4 MT is expected in the state. In Bihar, Uttarakhand, Punjab, Haryana and Madhya Pradesh and Chhattisgarh, sugar production till March 15 has been in the order of 6.38 lakh tonne, 3.22 lakh tonne, 4.84 lakh tonne, 4.89 lakh tonne and 3.85 lakh tonne, respectively.
Besides, Thailand’s sugar output has dipped about 5 MT as against last year same period and the recent decision of the Indonesian government to allow 600 ICUMSA sugar at a concessional import duty from India, Australia and Thailand, gives an additional opportunity to India to export large quantities to Indonesia.
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