Agri Buzz: Local Sugar Output Rises 24.25% On Year This Season

Agri Buzz: Local Sugar Output Rises 24.25% On Year This Season

Nov 18, 2021 05:11 IST capital market

The Indian Sugar Mills Association (ISMA), noted in a latest update that domestic Sugar production till 15th November, 2021 in the current 2021-22 sugar season (SS) is 20.90 lac tons, as against 16.82 lac tons produced last year on 15th November 2020, up 24.25%. As compared to 289 sugar factories which were crushing sugarcane last year on 15th November, 2020, 308 sugar mills are crushing sugarcane on 15th November, 2021 this year. Several sugar mills in south and west, started their operations earlier this season, because of which the sugar production till 15th November, this year is slightly higher. In Uttar Pradesh, crushing season in the current season got delayed by a few days due to unseasonal rains in 3rd week of October, 2021. Currently, 74 sugar mills have started their crushing operations for this season and they have produced 2.88 lac tons of sugar by 15th November 2021. Last year in the same period, 76 mills were in operation and they had produced 4 lac tons of sugar till 15th November 2020. On the other hand, crushing season in other two major States Maharashtra and Karnataka started well in time in 2nd week of October, 2021. Since the start of season, the pace of commencement of factories in the current season is seen to be faster than the last season. In Maharashtra, 134 sugar mills have commenced their crushing operations as on 15th November 2021 and have produced 8.91 lac tons of sugar, as compared to 120 mills which operated last season producing 6 lac tons of sugar on the corresponding date.

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