Sugar output nears 20 lakh tonnes: ISMA
18th Nov 2022
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Sugar output nears 20 lakh tonnes: ISMA
- Sugar production in th ecurrent season (October2022 to September 2023) till November 15 stands at 19.9 lakh tonnes, according to the Indian Sugar Mills’Association (ISMA).
- This is slightly lower than the 20.8 lakh tones produced last year as several mills in the western States are said to have begun production belatedly this season.
- ISMA had estimated the total production this season at 365 lakh tones after diversion of 45lakh tones for ethanol.
- According to data available with ports, contracts had been entered for exports of about 35 lakh tons of sugar so far. Of this, about two lakh tones had been shipped last month.
- ISMA said several traders had entered into export contracts for the 2022-2023 seasons before the Centre announced the export policy.
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