- Production in Gujarat increased marginally to 3.40 lakh tonnes
Sugar production in the country is estimated to have increased by 4.75 per cent to 115.70 lakh tonnes. Which was 110.45 lakh tonnes during the same period last year. The sugar season lasts from October to September. According to a report released by the National Federation of Cooperative Sugar Factories Limited (NFCSFL), an average of 491 mills crushed 1227.17 lakh tonnes of sugarcane till 31 December 2021, which is higher than last year.
In Uttar Pradesh, the country’s leading sugar producer, production fell to 30.90 lakh tonnes during the new season October-December. Which was 33.65 lakh tonnes in the previous year. Maharashtra, the second largest sugar producing state, saw an increase of 45.75 lakh tonnes from 39.85 lakh tonnes last year, while Karnataka saw an increase of 24.90 lakh tonnes from 24.15 lakh tonnes. Sugar production in Gujarat rose marginally to 3.40 lakh tonnes from 3.35 lakh tonnes in the year-ago period.
to industry body ISMA , exporters of Indian sugar mills are still waiting for the rise in global sugar prices to make more export deals in the wake of global market boom . The fall in global crude sugar prices has resulted in more than 38-40 lakh tonnes of export agreements in the last one month. With almost nine months left in the current season, the mills are still waiting for the right time to sign more export agreements. During the October-November period, the mills exported more than 6.5 lakh tonnes of sugar, which is more than 3 lakh tonnes in a year.