News

ISMA lowers India's 2022-23 sugar production estimate by 6.8%

Sugar
India
Published Feb 1, 2023

Tridge summary

Industry body Indian Sugar Mills Association (ISMA) today revised its sugar production estimate for 2022-23 downwards by 6.84% over its earlier estimate issued in October. It has now pegged the country's sugar production at 340 lakh tonnes after considering diversion of 45 lakh tonnes of sugar for production of ethanol, down by 25 lakh tonnes from its previous estimate of 365 lakh tonnes. ISMA has said that it has revised the production estimate based on the satellite images of harvested and balance area, field visits, current trend of yields and sugar recoveries achieved till now, as also expected yield/sugar recovery in the balance period of the sugar season. According to ISMA, the area planted under sugarcane in the country has increased by 6%. In its October estimate, after considering the diversion of 45 lakh tonnes to ethanol, ISMA had pegged the sugar production at 365 lakh tonnes. However, on Tuesday, ISMA revised the production estimate downwards to 340 lakh tonnes.

Original content

Industry body Indian Sugar Mills Association (ISMA) today revised its sugar production estimate for 2022-23 downwards by 6.84% over its earlier estimate issued in October. It has now pegged the country's sugar production at 340 lakh tonnes after considering diversion of 45 lakh tonnes of sugar for production of ethanol, down by 25 lakh tonnes from its previous estimate of 365 lakh tonnes. ISMA has said that it has revised the production estimate based on the satellite images of harvested and balance area, field visits, current trend of yields and sugar recoveries achieved till now, as also expected yield/sugar recovery in the balance period of the sugar season. . According to ISMA, the area planted under sugarcane in the country has increased by 6%. In its October estimate, after considering the diversion of 45 lakh tonnes to ethanol, ISMA had pegged the sugar production at 365 lakh ...
Source: Economic times

What to read next

News
‘Focus’ on developing fruit tree varieties and strengthening response to climate change and pests
Nongmin · Apr 24, 2024
News
The livestock industry expects to pass the South Korean Beef Act in the plenary session of the National Assembly
Nongmin · Apr 24, 2024
News
South Korea: Imports of Chinese cabbage and cabbage with strong prices subject to tariff quotas in May
Nongmin · Apr 24, 2024
News
Announcement of egg production prices by region requires a cautious approach
Aflnews · Apr 24, 2024
News
70% of all U.S. soybean exports are SSAP certified, with shipments increasing every year.
Aflnews · Apr 24, 2024

Read more relevant content

Opinion
Implications of the EUDR for the Malaysian and Indonesian Palm Oil Industries upon Implementation
Benjamin Lategan · Apr 25, 2024
Opinion
Export Performance of Chile’s Processed Fruits During Jan-24 and Feb-24
Xchel Perez · Apr 24, 2024
Opinion
Ensuring Compliance and Sustainability in the Cocoa Industry: Collaboration with the Rainforest Alliance
Mzingaye Ndubiwa · Apr 24, 2024
Opinion
The Bittersweet Story of Traceability and Ethical Sourcing Practices of Confectionery Industry Leaders
Sun Jae Lee · Apr 24, 2024
On-the-Ground Updates
Stable Bread Prices in Egypt Despite 10% MoM Drop in White Wheat Prices
Emad Kader · Apr 24, 2024
Opinion
Impact of Weather Events on Ecuador's Agricultural, Productive, and Energy Sectors
Gabriela Cabezas · Apr 23, 2024
On-the-Ground Updates
Early Greek Bostana Watermelon Exports Begin Amidst Chilly European Weather
Theodoros Damvakaris · Apr 22, 2024
On-the-Ground Updates
Vietnam Surpasses Philippines as Top Banana Exporter to China
Thao Nguyen · Apr 22, 2024
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.