PUNE: As sugar prices continue to remain non-remunerative, the Uttar Pradesh sugar industry has conveyed to the state government that it sees no future and is unable to run for sugarNSE -3.13 % season 2018-19. It will not participate in the field survey and other activities related to the 2018-19 season. UP’s sugar production has increased by about 36 per cent from 87.73 lakh tonnes in the previous year to 119.12 lakh tonnes, and still counting, in the current year. The state’s sugar production is expected to go up further in the 2018-19 crushing season.
The Uttar Pradesh Sugar Mills Association (UPSMA) has conveyed its inability to the state government to participate in the activities related to the 2018-19 sugar season. It had given similar threat three years ago when the state government had increased cane prices.