Sugar output dips 35%
India’s sugar production stood at 4.58 million tonne till December 15 of the ongoing marketing year according to the estimates of industry body ISMA. Thus, there has been a 35% dip in sugar production from the year-ago period (- 7.05 million tonne), owing to sharp fall in output in Maharashtra and Karnataka.
“The production in Maharashtra and Karnataka is lower than last year due to the fact that mills in these states started late by one month and one week, respectively,” ISMA noted in a statement. It has also pegged total sugar output to decline 21.5% to 26 million tonne in the 2019-20 marketing year.