Sugar Output to be 2% Higher: ISMA
18 October 2022, New Delhi: The country’s sugar production is projected to be 36. 5 million tonnes in the 2022-23 marketing season, an increase of 2% compared to the year-ago period, industry body ISMA said on Monday. The marketing season will be starting this month.
The production in India, the world’s major producer of the sweetener, stood at 35. 8 million tonnes during the 2021-22 marketing season. The season is from October-September.
With an estimated increase in production despite higher diversion for ethanol, ISMA expects export to be around 9 million tonnes this season.
Releasing the first estimate, the Indian Sugar Mills Association (ISMA) said, “after accounting for the reduction of 45 lakh tonnes in sugar production due to diversion of cane juice/ syrup and B-molasses to ethanol, ISMA estimates sugar production in 2022-23 at around 36. 5 million tonnes of sugar. ”
Sugar output in Uttar Pradesh is estimated to be 12. 3 million tonnes, Maharashtra at 15 million tonnes and Karnataka at 7 million tonnes during the 2022-23 season, it said.
Since the target of 12% blending is expected to be achieved, sugar diversion towards production of ethanol is estimated to be higher by 32% at 45 lakh tonnes in the current season against 34 lakh tonnes during 2021-22 season.
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