✕
Markets

India's Oct 1- March 15 sugar output rises nearly 6 pc y/y

Published Updated

Mills in the western state of Maharashtra produced 10 million tonnes of sugar during the period, up 6.6 percent from a year ago, the Indian Sugar Mills Association (ISMA) said in a statement.

Out of 527 sugar mills that were operational in the current marketing year ending on Sept. 30, 154 mills have stopped crushing, the trade body said.

The world's biggest sugar consumer is likely to produce 30.7 million tonnes of the sweetener in 2018/19 , down from 32.5 million tonnes a year ago due to lower cane yields and diversion of cane for ethanol production, ISMA has said.

Copyright Reuters, 2019