Decline in sugar production unlikely to create supply pressure

The Sugar Commissioner of Maharashtra has recently informed that the sugar production during current sugar season 2019-20 is estimated to be significantly lower than the last year – about 58.3 Lakh MT vis-à-vis about 107 lakh MT produced during last sugar season 2018-19.

However, with the carryover stock of about 140 Lakh MT of last sugar season together with estimated production of 273 Lakh MT during current  sugar season, the total availability of sugar in the country is estimated to be about 413 Lakh MT as against estimated domestic consumption of 260 Lakh MT. Thus, it is expected that there would not be any shortage of sugar in the country in near future. The decline in sugar production in sugar season 2019-20 in the state of Maharashtra is mainly due to low availability of cane following drought last year and heavy rainfall in this year. 

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