India Sugar Output

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Sugar mills had manufactured 17.70 million tonnes of sugar in the corresponding period of the previous 2020-21 marketing year (October-September)

India is the world's second-biggest sugar producer and the higher output could weigh on global prices

India's sugar production rose 24% to 20.9 lakh tonnes during October 1-November 15 on higher output in Maharashtra and Karnataka

The country is the world's second-biggest sugar producer and the higher output could weigh on global prices

A few mills closed operations ahead of normal schedule, a trade body said on Wednesday

Production jumped in Maharashtra, a leading trade body said

This would be 12 per cent higher than estimated production of 27.2 MT in the current 2019-20 cycle

There is likely 1% fall in sugarcane area to 22.92 lakh hectares this year

Ex-mill sugar prices have remained steady in the range of Rs 3,250-3,350 per quintal in north India and at Rs 3,100-3,250 per quintal in the south India, the industry body added

Sugar production could slide to between 26 million tons to 26.5 million tons in 2019-20, compared with 33.1 million tons a year earlier

According to the ISMA, mills produced 33.16 million tonne of sugar during the 2018-19 marketing year, of which sales were 25.5 million tonne.

Two producing states of UP and Maharashtra alone are expected to produce over 10 million tonnes this season