India's sugar production 2021/2022 may drop to 30,5 million tonnes

 

https://www.chinimandi.com/

India's sugar production is likely to decline marginally to 30,5 million tonnes in the next 2021-2022 season as more sugarcane will be diverted for ethanol making.

It is reported by The Times of India.

Sugar production is estimated to have reached 31 million tonnes in the 2020-2021 season (October-September).

India is the world's second biggest sugar producer after Brazil.

«Sugarcane crop by and large is good this year. We are expecting diversion of more cane for ethanol making and as a result sugar production will be slightly lower at 30.5 million tonne during 2021-22 season», — joint secretary in the food ministry Subodh Kumar Singh told PTI.

In the current season, cane meant for production of 2 million tonne sugar was diverted for ethanol making, while in the 2021-22 season cane meant for production of 3.5 million tonne of sugar will be diverted, he said.

However, sugar production will be sufficient to meet the domestic consumption, which is expected to increase by 3,00,000-4,00,000 tonne at 26.3-26.5 million tonne in 2021-22 season, he added.
The domestic consumption in the 2020-21 season is estimated to be 26 million tonne.

With the likely opening stock of sweetener is estimated at 9-9.5 million tonne and expected production of 30.5 million tonne, the total availability of sugar in the 2021-22 season will be 39.5 to 40 million tonne.

The domestic consumption is seen around 26.5 million tonne, while exports at 7 million tonne in the next season. The closing stock at the end of the next season would be around 6-6.5 million tonne.


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