01-01-1970 12:00 AM | Source: Reuters
India`s overall sugar output up 5.39% so far this season
Indian mills have produced 25.4 million tonnes of sugar since the current season began on Oct. 1, up 5.39% year on year, the Indian Sugar Mills Association said on Monday.
After the diversion of sugar for ethanol, mills produced 22.8 million tonnes of the sweetener between Oct. 1 and Feb. 15 compared with 22.2 million tonnes during the year-ago period, it said.
The association last month cut its 2022/23 output estimates by 7% from the previous forecast, as sugar cane yields in major producing states fell due to weather conditions.
Lower sugar output estimates have dampened export prospects from the world's biggest producer.
Latest News
Market Wrap Up by Amol Athawale, VP-Technical Rese...
Bank of Baroda Q4 net profit rises to 4,886 crore
Market Macros by Shrikant Chouhan, Head Equity Resea...
Market Weekly Round Up by Shrikant Chouhan, Head Equ...
Veteran actors Ashutosh Rana, Vijay Raaz join ANI fo...
Sensex up by 260 points, energy and metal lead rally
Imagicaaworld Entertainment surges on launching 6 Ne...
FIIs stood as net sellers in equities as per May 10 ...
India`s Cipla open to partnering with Eli Lilly to m...
Post Market Comment by Mr Shrey Jain, Founder and CE...