Echoes from Sugar and Ethanol India Conference in New Delhi

 🏭The Sugar & Ethanol India Conference in New Delhi, organized by ChiniMandi, provided valuable insights into the Indian sugar market and industry. Our presentation highlighted India's position within the global context, focusing on the dynamics of the global sugar market. The consensus for the 2023-24 Indian sugar production stands at 31.4-31.5 million metric tonnes (MTTQ). Initial estimates were lower due to decreased stocks and increased domestic consumption, prompting government action to maintain production levels. Despite surplus capacity, weather remains a significant factor affecting production. Ethanol diversion could absorb any additional surplus, making India a key player in the global ethanol market. This ensures the international market remains immune to Indian fluctuations, preserving stability.🏭 #SugarIndustry #EthanolProduction #IndianMarketAnalysis

🏭Click here to see the full article: 

https://www.chinimandi.com/echoes-from-sugar-ethanol-india-conference-in-new-delhi