login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

India Sugar Production Down 11% At 246.03 Lakh Tonnes - ISMA

2 May 2016 3:53 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - India sugar production as on April 30, 2016 dropped 11 percent at 246.03 lakh tonnes in current sugar season that begins from October 2015 compared with 279.04 lakh tonnes a year ago.

Sugar crushing operations for current sugar season in most parts of the country have come to an end on April 30, 2016.

48 sugar mills are still continuing their crushing operations as on date, as against 97 sugar mills which were operating on the same date last year.

Out of the 48, 35 sugar mills still operating are in Tamil Nadu. The other sugar mills are in Karnataka, Maharashtra and Haryana, which may close in next few days.


Sugar mills in Uttar Pradesh have produced 68 lakh tonnes of sugar as compared to 70.42 lakh tonnes produced on corresponding date in 2014-15. Only 1 sugar mill operating in the state as against 14 sugar mills a year ago. During the current sugar season, cane crushed by sugar mills was about 70 lakh tonnes less, as compared to last season and this is the main reason for drop in sugar production, despite higher recovery.

Maharashtra mills have produced 83.75 lakh tonnes of sugar with 5 sugar mills still in operation. Last year during the same period, sugar mills in the state had produced 103.47 lakh tonnes with 30 sugar mills in operation.

In Karnataka, almost all the sugar mills have stopped crushing for the season except a couple of mills. Sugar mills in the state have produced 40.37 lakh tonnes of sugar, compared with 48.06 lakh tonnes produced last season at the corresponding date.

F
ew mills in Southern Karnataka will again start their crushing operations in July 2016 and few thousand tons of sugar is likely to produced in the remaining period of the current sugar season.

I
n Tamil Nadu, 35 sugar mills are still operating and they have produced 10.50 lakh tonnes of sugar versus 9.48 lakh tonnes produced in 2014-15 on the same corresponding period, when 23 mills were operating. During the 2015-16, it is expected that these sugar mills will continue till end of May 2016 and a few mills will again start their special season in July 2016, when a few lakh tonnes of sugar would get produced in Tamil Nadu.

As regards sugar production in other states, Gujarat has produced 11.60 lakh tonnes, Uttarakhand 2.68 lakh tonnes, Bihar 5.01 lakh tonnes, Punjab 6.35 lakh tonnes, Haryana 5.40 lakh tonnes, Madhya Pradesh & Chhattisgarh 3.67 lakh tonnes, Andhra Pradesh & Telangana 8.10 lakh tonnes. In comparison with last season, except Punjab where sugar production in the current season is 1 lakh tonnes more than last season, other states have produced slightly lower.

Considering the number of sugar mills which are in operation as on April 30, 2016 and cane availability in these states, sugar production in the current season is expected to be just above 250 lakh tonnes by the end of September 2016. However, with the carry forward of 90.80 lakh tonnes from previous season and estimated domestic consumption of 256 lakh tonnes & exports of 15 lakh tonnes, sugar mills would still have a carryover stocks of 70 lakh tonnes at the end of the current season.

(By Commoditiescontrol Bureau; +91-22-40015533)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Top 5 News
Kadi (Gujarat) Cotton Seed Trading in a Range (Rs. 545...
Soy Refined Oil (Indore) Trading Near Key Resistance (...
US cotton net export sales for April 5-11 at 146,100 RB...
US soybean net sales for April 5-11 at 485,800 MT, up 5...
Black Matpe (Urad) SQ Burma (CNF$) Positive Trend / Ne...
Top 5 Market Commentary
Market Snapshot MCX - NCDEX
Global equity/currency market update: Stocks plummet, o...
ICE raw sugar futures snap losing streak; Conab cuts Br...
ICE cotton futures extend fall on strong dollar, techni...
CBOT wheat futures end higher as traders eye drought in...
Copyright © CC Commodity Info Services LLP. All rights reserved.