India's sugar production expected to increase 3% in 2021/22 to 34.7mt

게시됨 2021년 10월 13일

Tridge 요약

The US Department of Agriculture's attaché in New Delhi forecasts that India's sugar production will increase by 3% in the 2021/22 crop year, reaching 34.7 million tonnes. The states of Uttar Pradesh, Maharashtra, and Karnataka are expected to contribute 85% of this production. The area under sugarcane cultivation is projected to grow by 3.5% to 5.6 million hectares. With a surplus in the domestic market and tight global supply, India is likely to export around 7 million tonnes of sugar. Despite the government's likelihood to abandon the export subsidy program, regional buyers like Indonesia, Sri Lanka, and China are expected to be the main recipients of these exports.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

cane in india Sugar production in India is expected to total 34.7 million tonnes in crop year 2021/22 (October-September), the US Department of Agriculture's attaché in New Delhi said in a report. The volume represents an increase of 3% compared to the 2020/21 cycle and is due to the expectation of greater productivity. The states of Uttar Pradesh, Maharashtra and Karnataka are expected to account for 85% of total production. The attaché estimates that the sugarcane area will grow by 3.5% in 2021/22, to 5.6 million hectares. According to the USDA, many farmers are expected to switch from horticulture to sugarcane, attracted by a higher minimum price guaranteed by the government. to 28.5 million tonnes, said the attaché. The country should export around 7 million tonnes of sugar in 2021/22. According to the attaché, although the Indian government is unlikely to maintain the export subsidy program, a surplus in the domestic market and relatively tight global supply (with lower ...

출처: Brasilagro