ISMA: Sugar Season 2024-25 Outlook
Sugarcane acreage: Estimated at 56.1 lakh hectares.
Gross sugar production: Projected at 333 lakh tonnes.
Uttar Pradesh: Good cane condition, lower diversion to jaggery and khandsari expected.
Maharashtra and Karnataka: Reduced cane area due to last year's drought, but improved rainfall this year expected to boost productivity.
Other states: Minor adjustments in cane area and production anticipated.
Overall outlook: Significantly more optimistic than previous forecasts.
Sugar balance: Excess stock expected to support ethanol blending and exports.
Assumptions: Normal rainfall and other optimal conditions.
Read the full article, Originally published at www.chinimandi.com on July 30, 2024. If you want to read more about the news about the Sugar industry, please continue reading Chinimandi.com.
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