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India to play key role in higher global sugar output next season May 27, 2021 But it could result in higher ending stocks, Thailand production set to rebound: USDA India will play a significant role in 2021-22 season’s global sugar production increasing by six million tonnes (mt) but it could also result in the country carrying over huge stocks to the following season, according to the US Department of Agriculture (USDA). While the sugar trade in the county agrees with this view, the industry, particularly private mills, think it is too early to talk about the next season. The USDA also projects India’s sugar exports remaining at the current season’s level of six mt but the trade and industry see various factors deciding the shipments scenario.

New yorkUnited statesSri lankaCommoditie shaikhPraful vithalaniRahil shaikhAbhinash varmaEuropean unionUs department of agricultureIndia sugar traders associationIndian sugar mills associationWorld marketsAll india sugar traders associationManaging directorGeneral abhinash varmaIndia managing director