India sugar production will increase by 500 kt — USDA
India production is estimated up 500,000 tonnes to 34.5 million on higher yields with the planting of early maturing varieties.
It is reported by USDA in its May report.
Consumption is anticipated to be up to meet demand during festivals and growth in pre-packed foods, sugar, and confectioneries, and catering services. Imports are forecast higher as the growth in consumption is expected to exceed the growth in production. Exports are down slightly on the likelihood that the government maintains export caps to meet domestic food consumption and sugar to ethanol diversion for the Ethanol Blending Program