Sugar exports hinge on monsoon, cane sowing as output seen lower in 2024-25
India may allow sugar exports after assessing the final sugarcane sowing and output for the 2024-25 season, anticipating a lower output of 30 million tonnes. For the current 2023-24 season ending in September, sugar production has reached 31.5 million tonnes, with final output expected to reach 31.8 million tonnes as mills in Tamil Nadu and Karnataka conclude crushing operations, sources said. India is the world’s second-largest sugar producer after Brazil.
India may allow sugar exports after assessing the final sugarcane sowing and output in the 2024-25 season, as the world’s biggest producer after Brazil is expecting a lower sugar output of 30 million tonnes next season, sources said.
For the current 2023-24 season ending September, sugar production has reached 31.5 million tonnes so far, with the final output likely to touch 31.8 million tonnes as mills in Tamil Nadu and Karnataka wrap up crushing, the sources added.
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