MUMBAI (Reuters) - Indian sugar mills output rose by nearly a fifth year on year to 27.76 million tonnes in the first six months of the 2020/21 marketing year as production jumped in Maharashtra, a trade body said on Thursday. The country is the world s second-biggest sugar producer and the higher output could weigh on global prices,. More than half of the sugar mills closed operations by the end of March, the Indian Sugar Mills Association (ISMA) said in a statement. Maharashtra, India s second-biggest sugar-producing state, churned out 10 million tonnes of sugar in the first six months of the season, compared with 5.9 million tonnes a year ago, ISMA said.
India s sugar output rises 20% to 23.38 million tonnes in Oct-Feb
The country is the world s second biggest sugar producer and the higher output could weigh on global prices
Reuters | March 4, 2021 | Updated 08:24 IST
Indian sugar mills output rose by a fifth to 23.38 million tonnes in the first five months of the 2020/21 marketing year from a year earlier, while a few mills closed operations ahead of normal schedule, a trade body said on Wednesday.
The country is the world s second biggest sugar producer and the higher output could weigh on global prices. In the current marketing year that begun on Oct. 1, 502 sugar mills have started operations, but 98 mills stopped crushing by February end, the Indian Sugar Mills Association (ISMA) said in a statement.
Around 70 mills had stopped crushing by February end last year. (Representative image)
MUMBAI: Indian sugar mills output rose by a fifth to 23.38 million tonnes in the first five months of the 2020-21 marketing year from a year earlier, while a few mills closed operations ahead of normal schedule, a trade body said on Wednesday.
The country is the world s second biggest sugar producer and the higher output could weigh on global prices .
In the current marketing year that begun on October 1, 502 sugar mills have started operations, but 98 mills stopped crushing by February end, the Indian Sugar Mills Association (ISMA) said in a statement.