Adverse weather affects sugarcane harvest in India and reduces sugar production

Published 2023년 1월 17일

Tridge summary

India's sugar production for the 2022/23 season is projected to decrease by 4%, reaching 34.3 million tonnes due to adverse weather conditions impacting cane growth in major producing states. This reduces the country's global export potential, possibly leading to higher prices and allowing Brazil and Thailand to increase their exports. The decrease in production follows a record output of 35.9 million tonnes in the previous season. The revised production estimate could potentially fall below 33 million tonnes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

India is expected to produce 34.3 million tonnes of sugar in 2022/23, down 4% from the previous forecast, after cane production in major producing states was hit by adverse weather, a senior official said. sector official told Reuters this Tuesday, 17. Lower sugar output could limit exports from the world's second-biggest exporter, pushing up global prices and allowing rivals Brazil and Thailand to increase shipments. “Excessive rainfall and cloudy weather in September and October reduced the vegetative growth of sugarcane. Sugarcane productivity is lower than last year,” the managing director of the National Federation of Cooperative Sugar Factories, Prakash Naiknavare, told Reuters. India, the world's biggest sugar producer, had produced a record 35.9 million tonnes in the previous season, which ended Sept. 30. Maharashtra, which accounts for more than a third of the country's sugar production, is expected to produce 12.5 million tonnes of sugar in the campaign that started Oct. ...
Source: Novacana

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