Tag: Sugar

During past few years, sugar production in the country has been consistently more than the domestic consumption thereby creating surplus situation. With a view to address the problem of surplus sugar in the country, the Central Government has been encouraging sugar mills during the last few sugar seasons to divert surplus sugar to ethanol and is also facilitating mills to export surplus sugar thereby improving liquidity of sugar mills enabling them to clear cane price dues of farmers. Export of sugar and diversion of sugar to ethanol during the recent times has also helped in maintaining demand-supply ... Read more

Sugar production in the current sugar season 2021-22 is expected to be 13% higher than the previous sugar season. As per the revised estimates production of sugar in the current sugar season 2021-22 is estimated to be about 350 Lakh Metric Tonne (LMT) (after discounting diversion of 35 LMT of sugar to ethanol) against estimated domestic consumption of about 278 LMT. There was carry over stock of about 85 LMT at the beginning of the sugar season 2021-22. Even after likely export of about 95 LMT, the closing stock for the current sugar season at ... Read more