Sugar production will increase next season

With domestic sugar consumption estimated at around 275 lakh tonnes, the 2022-2023 sugar season would have nearly 80 lakh tonnes of surplus sugar available for export, ISMA said.

With domestic sugar consumption estimated at around 275 lakh tonnes, the 2022-2023 sugar season would have nearly 80 lakh tonnes of surplus sugar available for export, ISMA said.

Sugar production in the next season (October 2022 to September 2023) is expected to be around five lakh tonnes higher than the current season, according to estimates from the Indian Sugar Mills Association (ISMA).

The area planted with sugar cane has increased by 4% this year. This is expected to lead to an increase in sugar production to 399.97 lakh tonnes (before diversion for ethanol) next season from 394 lakh tonnes this sugar season, the Association said in a press release.

In the current season, nearly 34 lakh tons of sugar have been diverted to ethanol till July 10. The ethanol blend in 2022-2023 is expected to be 12% and therefore around 545 crore liters of ethanol would be required. It is estimated that around 45 lakh tonnes would be diverted for ethanol in the upcoming sugar season.

With domestic sugar consumption estimated at around 275 lakh tonnes, the 2022-2023 sugar season would have nearly 80 lakh tonnes of surplus sugar available for export, ISMA said.

Rachel J. Bradford