Sugar production fell by 16 per cent to 95.40 lakh tonne in the first quarter of the ongoing current marketing year that started in October. According to the Indian Sugar and Bio-Energy Manufacturers Association (ISMA), crushing rate in Uttar Pradesh, Maharashtra and Karnataka was better than last year. Sugar production in Uttar Pradesh, the country’s largest producer, declined to 32.80 lakh tonnes during the first quarter of the ongoing 2024-25 marketing year (October-September), from 34.35 lakh tonnes in the year-ago period.
On the consumption side, it is noted that the domestic sales quota for the first four months of this year is 7 lt lower compared to the same period last year. The allocation of sugar for open market sales during the first four months (October-January) of the current sugar season is 92 lt. ISMA will come out with its second advance estimates of sugar production by January-end. The industry body has projected domestic sugar consumption to be lower at 280 lakh tonne in the 2024-25 marketing year.
Presentation -Dibyabharati Nayak