India: Maharashtra's sugar production is forecast to fall to 12.2 - 12.5 million tons

Published 2023년 2월 20일

Tridge summary

Sugar mills in India are projecting a higher sugar output of around 12.2-12.5 million tonnes, compared to the 11.7 million tonnes forecast by the Indian Sugar Mills Association (ISMA). So far, 202 mills have crushed 63.5 million tons of sugarcane and owe farmers INR 151.66 billion. Most mills have regularly paid farmers, with INR 132.76 billion paid and INR 22.97 billion still pending. However, mills are facing challenges beyond production drops, including concerns about crop drying due to warmer temperatures in areas like Solapur and Marathawada, as farmers worry about the need for adequate water supply until the end of the season.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Mills expect sugar output to be around 12.2-12.5 million tonnes, higher than the 11.7 million tonnes forecast by the Indian Sugar Mills Association (ISMA) at the end of January. The mills pay fairly regularly to the sugarcane farmers. 202 mills in operation have crushed 63.5 million tons of sugarcane and are obliged to pay farmers INR 151.66 billion. Of these, INR 132.76 billion has been paid to farmers, while INR 22.97 billion is pending. 76 factories have paid 100% and the remaining 126 factories will have to pay their debts. Mills say the drop in sugar production is not the ...

Source: Vinanet