Sugar

Mills in Uttar Pradesh have produced 3.32 mln tn of sugar during Oct-Dec, 24% higher than 2.68 mln tn produced a year ago. 116 sugar mills out of 119 were crushing cane in the state. Mills in Uttar Pradesh–the country’s top cane-producing state–have crushed 32.78 mln tn of sugarcane during Oct-Dec, compared with 27.15 mln tn a year ago. The average sugar recovery from cane as of Dec 31 was at 10.14%, up from 9.87% a year ago.

Prices of sugar were stable in the key wholesale markets of Maharashtra amid lacklustre trade. Prices had risen yesterday (Monday). Right now, there is no demand and mills are also holding the same prices.

Mills across Karnataka produced 1.62 mln tn sugar during Oct-Dec, up 9.8% from 1.47 mln tn produced a year ago. The mills in the state crushed 16.61 mln tn of sugarcane, higher than 14.73 mln tn crushed during the same period last year. The average sugar recovery from cane in Karnataka, one of the top sugar-producing states, was 9.7% during Oct-Dec, slightly up from 9.6% a year ago. The state has pegged sugar output for the ongoing season at 2.6 mln tn, up 23.8% on year. Mills in Karnataka produced 2.1 mln tn sugar in 2016-17.

U.P produced 5.67 lakh Tons of sugar in 2017-18.

NCDEX sugar down over 1% on spot market cues.

Sugar price down in Maharashtra on selling pressure.

Early start of crushing results in higher India sugar production this year.

Punjab govt’s refusal to hike cane price leaves a bitter taste for growers.

Over 51 lakh electricity units exported by sugar mills in Haryana during crushing season.

India sugar production till Nov 15 up by 79%- ISMA.

ISMA seeks easing of stock limit as sugar output rises.

China will mechanize sugar cane production by 70%.