INDIA - India’s sugar production has reported an increase of 19 per cent as on January 15, 2015 at 10.3 million tonnes from 494 sugar mills under operations.
During the same period last year, 8.65 million tonnes were produced from 486 mills, Indian Sugar Mills Association (ISMA) said in a statement recently.
During the period, 173 sugar mills were operating in Maharashtra which produced 4.3 million tonnes of sugar, as compared to 3.1 million tonnes of sugar produced by 154 mills during the same period last year.
Since crushing operations in all sugar mills are in full swing due to better availability of sugarcane, their production has become higher as compared to last year, ISMA said while attributing to increased sugar output in Maharashtra.
In Uttar Pradesh (UP), 118 sugar mills have produced 2.5 million tonnes, as on January 15, 2015, compared to 1.97 million tonnes produced last year during the corresponding period by 119 sugar mills.
In Bihar, all 11 sugar mills which are in operation produced 240,000 tonnes of sugar up to January 15, 2015, as compared to 160,000 tonnes produced during the same period last year, ISMA said.
Karnataka state produced 1.7 million tonnes of sugar from 63 sugar mills, which were in operation, in Tamil Nadu only 20 sugar mills have so far started their crushing operations in 2014-15 season and have produced 110,000 tonnes of sugar as on January 15, 2015.
In Andhra Pradesh and Telengana, 30 sugar mills produced 400,000 tonnes of sugar as compared to 370,000 tonnes produced by 34 sugar mills last year, same period.
Expressing concern of falling sugar prices in the country, ISMA said that ex-mill sugar prices in all parts of the country remain depressed during the last fortnight substantially below the cost of production.
Accumulation of sugar stock, without adequate demand from the market both from domestic and global, are the main factors for declining trend in sugar prices.
ISMA also said that from October 1 to December 31, 2014, sugar mills in the country dispatched 5.8 million tonnes of sugar in the domestic market, as against 5.9 million tonnes dispatched during the same period last year.
In other States, sugar production remained more or less same as that of last year.