Sugar production to rise 4% to 253 LT in 2014-15 season: ISMA

The production of sugar in 2014-15 sugar season, works out to around 253 lakh tons (LT), as per the preliminary estimates of Indian Sugar Mills Association (ISMA).  These estimates are based on the acreages, estimated yields and sugar recovery, as well as drawal of sugarcane by the sugar industry and current rainfall progression and availability of water in the reservoirs. This would be about 4% higher than the estimated sugar production of around 243 LT in June 2013-14 sugar season.

With an estimated opening balance of sugar of around 75 LT, as on October 01, 2014 for the next sugar season and sugar production as estimated above, there will more than sufficient sugar to take care of domestic requirement, of around 245 LT next year.

The total sugarcane acreage in the 2014-15 sugar season would be about 52.3 lakh hectares, which is about 2% less than last year, as per ISMA, citing satellite images from mid-June.