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Sugar production for 2012-13 marketing year estimated at 23 MT: K V Thomas

06 Oct 2012 Evaluate

The Food Minister K V Thomas has said that the country’s sugar production for the 2012-13 marketing year that started from the month of October is estimated to be at 23 million tonnes (MT) as compared to 26 MT in the previous year. Despite fall in production the government would not restrict export as the country would have sufficient stocks to meet domestic demand of about 22 MT.

The state of Uttar Pradesh would see the better production of sugar, while on account of deficient and delayed monsoon in some states including Maharashtra and Karnataka it is expected that there would be decline in sugarcane output which in turn will lead to fall in production of sugar.

On the other hand, the sugarcane commissioner’s estimate is lower than the industry forecast of 24 MT in 2012-13 but is hopeful that with carryover stock of 6 MT, the country will have sufficient supply to meet the domestic demand of 22.2 MT.

India is the world’s biggest consumer and the second largest producer of sugar. Bulk consumers account for about 60% of the domestic demand.

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