IBEF: May 04, 2021
According to ISMA, India’s sugar output has reached 29.91 million tonne in April 2021.
Mills have signed contracts for shipments of 5.4 to 5.5 million tonne of sugar so far. A total of 3.5 million tonne has been exported, with another 1 million tonne planned to be completed by the end of the month, according to the study.
According to the Indian Sugar Mills Association (ISMA), mills have delivered 117.72 crore litres of ethanol to oil marketing companies so far this year.
ISMA reported that mills across the country processed 29.91 million tonne of sugar during the 2020-21 marketing season, which runs from October to April.
Sugar production is estimated to each 30.2 million tonne in the 2020-21 marketing season, up from 27.42 million tonne the previous season, according to ISMA.
According to ISMA data, sugar production in Uttar Pradesh, the country's largest sugar-producing province, stood at 10.56 million tonne in April 2021.
Maharashtra, the country's second-largest sugar producer, registered an increase in production at production at 10.56 million tonne in April 2021, up from 6.09 million tonne last year.
Similarly, production in Karnataka, the country's third-largest sugar-producing state, increased to 4.16 million tonne in April 2021 from 3.38 million tonne the previous year.
The majority of mills in these main producing states are expected to close within the next two weeks. In Karnataka, only a few mills may be open during the special season, which begins in July 2021.
ISMA stated that the government's decision to swap the sugar quota allocated for mandatory exports and domestic sales this year has received a positive response.
According to the government, 1.05 million tonne of sugar has already been reallocated, with an additional 1,00,000 tonne being reallocated based on mill-by-mill export output.
The country's average ethanol-to-petrol blend is 7.36%, with 11 states such as Uttar Pradesh, Maharashtra, and Karnataka achieving higher ethanol-to-petrol blends of up to 10%.
ISMA added that ethanol has been delivered to OMCs in the amount of 117.72 crore litres so far this year.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.