India’s sugar exports could hit 85 lakh tonnes this year, says ISMA


India’s sugar exports could reach 85 lakh tonnes in the 2021-22 marketing year ending in September, according to estimates from global trading houses, industry body ISMA said on Monday.

While the country contracted 72 lakh tons of sugar exports, physical exports were around 56 to 57 lakh tons till the end of March this year, he said.



The sugar marketing campaign runs from October to September. The crushing operation is still ongoing as 366 crushers were operating until the end of March, while 152 crushers had stopped crushing.

Publishing the latest sugar production figures, the Indian Sugar Mills Association (ISMA) said: “News from international trading houses indicate that the global market is expecting 85 lakh tonnes of sugar exports from India. ‘India, for the current season’.

According to the industry body, sugar output hit 309.87 lakh tonnes till March of the current 2021-22 marketing year, up from 278.71 lakh tonnes a year ago.

Maharashtra, Uttar Pradesh and Karnataka are the country’s three main sugar producing states.

According to ISMA data, sugar production in Maharasthra rose to 118.81 lakh tonnes through March from 100.47 lakh tonnes a year ago.

In Uttar Pradesh, sugar production remained below 87.50 lakh tonnes until March this year, down from 93.71 lakh tonnes a year ago.

Sugar production in Karnataka, the country’s third-largest sugar-producing state, increased significantly to 57.65 lakh tonnes through March from 42.38 lakh tonnes a year ago.

On the ethanol front, ISMA said that against the total Letter of Intent (LoI) for the supply of 416.33 crore liters, 131.69 crore liters of ethanol were supplied in the 27 March of this year.

The contracted quantity to date is 402.66 crore liters against letters of intent of around 416 crore liters issued by the oil marketing companies, he said.

The country averaged a mixing percentage of 9.60% between December 2021 and March 2022, he added.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Rachel J. Bradford