India: Sugar production was marginally up at 47.9 lakh tons in Oct-Nov

Published Dec 2, 2022

Tridge summary

India's sugar production for the October-November period of the 2022-23 marketing year has increased to 47.9 lakh tonnes from 47.2 lakh tonnes the previous year, as reported by the Indian Sugar Mills Association (ISMA). The number of operating factories has also risen to 434 from 416. Specifically, sugar production in Maharashtra and Uttar Pradesh has increased, while it has decreased in Karnataka. In ethanol-related news, oil marketing companies (OMCs) have allocated around 460 crore liters for supply in ESY 2022-23 in the first two expresses of interest, and have floated a third EOI for an additional 139 crore liters.

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Original content

India's sugar production has increased marginally to 47.9 lakh tonnes in the October-November period, according to industry body ISMA. Sugar marketing year runs from October to September. In a statement, Indian Sugar Mills Association (ISMA) said that production of the sweetener till 30th November in the current 2022-23 marketing year is 47.9 lakh tonnes as against 47.2 lakh tonnes in the corresponding period of the last year. Number of operating factories are also higher at 434 as against 416 which operated last year on the corresponding date, it added. As per the ISMA data, sugar production in Maharashtra stood at 20 lakh tonnes during the first two months of 2022-23 as against 20.3 lakh tonnes in the year-ago period. 11.2 In Uttar Pradesh, sugar output rose to 11.2 lakh tonnes from 10.4 lakh tonnes. Sugar production in Karnataka fell to 12.1 lakh tonnes from 12.8 lakh tonnes. On the ethanol front, ISMA said that the OMCs (oil marketing companies) have so far allocated ...

Source: Economic times