Indian sugar output to fall below consumption
India's sugar output for the 2024/25 marketing year, ending in September is projected to fall below consumption for the first time in eight years because of reduced sugarcane supplies in key states, a trade body said on Tuesday.
It is reported by Reuters.
The country is expected to produce 25.8 million tonnes of sugar, down 19.1% from the previous year, while consumption is estimated at 29 million tonnes, the All India Sug...