India’s sugar output to fall 14.7% y/y in 2024/25, says trade body
ISMA’s second advance estimate for the 2024-25 sugar season predicts a gross production of 310.2 lakh tons and net production of 272.7 lakh tons. Lower yields in Uttar Pradesh, Maharashtra, and Karnataka, due to red rot and excessive rainfall, have impacted output. By January 31, 2025, 165 lakh tons of sugar was produced, compared to 187.15 lakh tons last year.
MUMBAI (Reuters) – India’s sugar output during the 2024/25 marketing year ending in September 2025 may fall to 27.27 million metric tons, down 14.7% from a year ago, as mills are likely to divert more sugar for ethanol production, a trade body said on Friday.
Mills are likely to divert 3.75 million tons of sugar for ethanol production in the current season, up from the last year’s 2.15 million tons, the Indian Sugar and Bio Energy Manufacturers Association said in a statement.
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Source : Yahoo Finance
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