India 2020/2021 sugar output will drop almost 3% — ISMA
India is likely to produce 30,2 million tonnes of sugar in 2020/21, nearly 2,6% lower than previously forecast, after cane field yields and the rate of sugar extracted fell in key states, a leading trade body said on Thursday.
It is reported by Reuters.
Uttar Pradesh, India’s top sugar producer, is expected to churn out 10,5 million tonnes in the 2020/21 marketing year, which started on Oct. 1, down from a previous forecast of 12,5 million tonnes, the Indian Sugar Mills Association (ISMA) said.
In the western state of Maharashtra, the country’s second-biggest producer, output is projected at 10,54 million tonnes, down from a previous estimate of 10,8 million tonnes.