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News
Sugar production up 17% at 27.41 lakh tonnes in Oct-Nov
Date:
03 Dec 2016
Source:
Money Control
Reporter:
PTI
News ID:
6200
Pdf:
Nlink:
India's sugar production rose by 17 per cent at 27.41 lakh tonnes during the first two months of the current marketing year that started in October on the back of higher output in Uttar Pradesh, according to industry data. The sugar marketing year runs from October to September. "Sugar production till November, 2016 in the current 2016-17 sugar season is 27.41 lakh tonnes," Indian Sugar Mills Association (ISMA) said in a statement. The production stood at 23.35 lakh tonnes in the year-ago period, it added. "As compared to 340 sugar factories which were crushing sugarcane last year on November 30, 2015, 365 sugar mills were crushing sugarcane on November 30, 2016 this year," ISMA said. Sugar production in Maharashtra declined to 9.5 lakh tonne during October-November 2016 as compared to 12.9 lakh tonnes in the corresponding period of last year. The production fell in the state because mills started their crushing late this year. In Uttar Pradesh, sugar production increased to 8.51 lakh tonnes from 1.74 lakh tonnes during the period under review. "The sugar despatched from sugar mills in first month of current season i.e. October 2016, was 20.64 lakh tonnes, 2.35 lakh tonnes lower as compared to 22.99 lac tons depatched in October 2015, last year. "However, in the month of September 2016 the sugar despatched was 20.31 lakh tonne, slightly higher than 19.19 lakh tonnes sugar despatched last year, in the month of September 2015. The lifting of sugar from mill has slowed down significantly, which has also resulted in a further fall in ex-mill sugar prices across the country," ISMA said.
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