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HomeSugar Industry NewsIndia’s 2021-22 Sugar Output Seen 1.6% Lower Than Previous Estimate

India’s 2021-22 Sugar Output Seen 1.6% Lower Than Previous Estimate

India is likely to produce around 30.5 million tonnes of sugar in the season which on Oct. 1, 1.6% lower than a previous industry estimate, a leading producers’ body said on Thursday.

The Indian Sugar Mills Association (ISMA) in June said mills were expected to churn out 31 million tonnes of sugar in the 2021/22 season.

Estimates of higher diversion of cane juice and molasses – a by-product of the sugar manufacturing process – for ethanol would result in marginally lower sugar output in the 2021-22 season, ISMA said in a statement.

India plans to achieve 20% ethanol-blending with gasoline by 2025 to reduce its dependence on costly oil imports and slash excessive sugar production.

Source: Reuters (Reporting by Mayank Bhardwaj; editing by Jason Neely)

The above news was originally posted on www.hellenicshippingnews.com

Sugar Times Team
Sugar Times Teamhttps://www.sugartimes.co.in
The Sugar Times Editorial Team is a group of experienced journalists, analysts, and industry experts dedicated to providing in-depth coverage and insights on the global sugar industry. With years of experience in agriculture, trade, sustainability, and market trends, the team brings a wealth of knowledge and expertise to every article they produce.Focused on delivering accurate, timely, and relevant news, the Sugar Times Editorial Team aims to keep industry professionals, stakeholders, and enthusiasts informed on key developments in sugar production, trade policies, innovations, and sustainable practices. Their collective goal is to help readers navigate the complexities of the sugar sector and stay ahead of emerging trends shaping the future of the industry.You may submit your article on info@sugartimes.co.in if you have valuable contributions for the industry readers.
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