Sugar exports from Mumbai, which have been disrupted by heavy rains, are expected to return to normal by the end of the week as consignments from mills across the country begin to reach ports, traders and millers said.
Heavy rains since Friday in sugar-producing regions had restricted transport from the mills to the ports, hitting exports. Loading of sugar meant for exports at JNPT and Mumbai port were likely to begin by the end of the week, traders said.
"Rains have stopped and sugar movement is now taking place for the domestic market, as well to the ports for exports," said Prakash Naiknavare, managing director of the Maharashtra Federation of Cooperative Sugar Factories Ltd Shipments of sugar from mills were badly disrupted between Friday and Monday, according to one trader based in the cane-producing Kolhapur district.
Sugar mills in Maharashtra have so far exported 750,000 tonnes of sugar out of a contracted 1 million tonnes. Maharashtra is a leading sugar producing state, with output likely to touch 10 million tonnes in the crop year beginning October this year. India, which consumes about 19.5 million tonnes of sugar annually, expects record output of 28 million tonnes in the crop year that ends in September.
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