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Sugar output likely to fall 3% during first six months: ISMA

06 May 2013 Evaluate

The production of sugar in India is expected around 24.52 million tonnes (MT) during the first six months of the 2012-13 sugar marketing season that started in October, as per the reports compiled by Indian Sugar Mills Association (ISMA). The final output for 2012-13 is expected to be around 24.52 MT as sugar production is coming to an end in most parts of the country. This is down almost 3% compared to the same period last year because of low recovery.

The final output has been marginally less because of 0.17 point drop in recovery. Recovery is the quantum of sugar produced from every quintal of cane crushed. The sugar recovered in 2012-13 from crushing was 10.09%. Maharashtra was once again the leading producing state, churning out around 7.97 MT of sugar by crushing 6.99 MT of sugarcane at 11.40% reported recovery.

The sugar production till date in Uttar Pradesh has been around 7.43 MT at 9.19% reported recovery. Karnataka has already closed crushing operations with 3.36 MT of sugar production as against of 3.72 MT produced last year.