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Published on 2/12/2020 3:25:02 PM | Source: Reuters

Indias Oct-Nov sugar output doubles to 4.29 million tonnes trade body says

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MUMBAI - Indian sugar mills have produced 4.29 million tonnes of sugar in the first two months of the 2020/21 marketing year started on Oct. 1, up 107% from a year ago, a leading trade body said on Wednesday.

The country is the world's second biggest sugar producer and higher output could weigh on global prices.

By the end of November, 408 sugar mills started sugar cane crushing in the country, compared to 309 mills a year ago, the Indian Sugar Mills Association (ISMA) said in a statement.

 

(Reporting by Rajendra Jadhav; Editing by Edmund Blair)