India’s sugar production in 2018-19 season till February 15 is higher by 7.7% over same period of previous year as the total production has hit 21.93 million tonnes, said industry body Indian Sugar MillsNSE 2.31 % Associaiton (ISMA).
A release from ISMA said: “As on 15th February, 2019, 507 sugarNSE 0.73 % mills in the country have produced 219.30 lakh tonnes of sugar, as compared to 203.55 lakh tonnes produced by 494 mills on the corresponding date last year. Higher production this year is mainly because Maharashtra and Karnataka sugar mills started their crushing earlier this year. Overall, the country is expected to produce less sugar this season as compared to last season.”
According to ISMA, in Maharashtra, sugar production till 15th February 2019 was 82.98 lakh tonnes, compared with 74.74 lakh tonnes produced last year same period. In the current 2018-19 SS, 6 mills have closed their crushing operations in the State while 187 sugar mills are operating, as against 183 mills operated last year on the corresponding date. Due to early start of mills in Maharashtra, the mills therein are expected to close earlier than last year, especially when the sugar production from Maharashtra will be less than last year.
In U.P. 117 sugar mills are in operation and they have produced 63.93 lakh tonnes of sugar till 15th February 2019, compared with 64.54 lakh tonnes produced by 119 mills on the corresponding date of last year.
The sugar recovery achieved this season is about 0.77% more than what was achieved so far during the last season, but the yield per hectare is lower than last year, because of which the total production in U.P. will be less than last year.
In case of Tamil Nadu, 33 sugar mills are in operation and have produced 3.50 lakh tonnes of sugar, as compared to 2.90 lakh tonnes produced by 28 sugar mills in 2017-18 SS on the corresponding date.
Gujarat has produced 7.78 lakh tonnes of sugar till 15th February 2019 with 16 sugar mills in operation. Last year, 17 sugar mills were in operation and they had produced 7.25 lakh tonnes of sugar on the same date.
In Andhra Pradesh and Telangana, 24 sugar mills have produced 4.50 lakh tonnes as on 15th February 2019, as compared to 4.60 lakh tonnes produced by 23 sugar mills on the corresponding date last season.
In Bihar, Uttarakhand, Punjab, Haryana and Madhya Pradesh & Chhattisgarh, sugar production till 15th February 2019 has been in the order of 4.90 lakh tonnes,2.15 lakh tonnes, 3.75 lakh tonnes, 3.60 lakh tonnes and 3.20 lakh tonnes, respectively.
“Government has increased the Minimum Selling Price of sugar from Rs. 29 per kilo to Rs. 31 per kilo, which will generate additional revenue for the sugar mills and help them in payment of cane price arrears,” said ISMA.
(the Economic Times)
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