"FAS/New Delhi's forecast for India's centrifugal sugar production in marketing year 2023/24 (Oct-Sept) is unchanged from the previous estimate of 36 million metric tons, equivalent to 33.6 million metric tons of crystal white sugar. A substantial supply of sugarcane and derivatives used by India's booming ethanol industry could lead to a domestic supply in 2023/24 that doesn't meet domestic consumption.

 

 

"Post increased India's sugar exports for 2022/23 to 7.4 million tons owing to continued favorable market prices. For the outyear sugar exports forecast is 6.5 million tons. The Indian