Sugar Output to Fall by 18% as Lower Monsoon Rains Limiting Crop Growth
India's sugar production during the 2019-20 marketing year starting from October 1 could fall to 27 million tonnes from 33 million tonnes in 2018-19.
File photo: A labourer carries a sack filled with sugar in a store at a wholesale market in Kolkata. (Image: Reuters)
MUMBAI: The country's sugar production could fall by 18% in 2019/20 as last year's drought forced farmers to curtail their sugar cane plantings while lower monsoon rains this year are limiting the crop's growth, a senior industry official said.
The lower production could help India reduced stockpiles that have risen because of two years of record production and lower-than-expected exports. India is the world's largest sugar consumer and the second-largest producer of the sweetener.
India's sugar production during the 2019/20 marketing year starting from October 1 could fall to 27 million tonnes from 33 million tonnes in 2018/19, said B B Thombare, president of the Western India Sugar Mills Association (WISMA) on Tuesday.
"Cane plantation in Maharashtra and Karnataka is hit badly due to last year's drought and this year's delay in arrival of monsoon rains," he said.
The western state of Maharashtra is the country's second-biggest sugar producer, while the southern state of Karnataka ranks third. Uttar Pradesh is the biggest producing state.
Maharashtra's production could fall 44% to 6 million tonnes in the next season, he said.
The country has received rain that is 19% less than average since the monsoon season began on June 1, after last year's drought wilted crops in western and southern India.
|Power Grid Corp||210.10||2.94|
|Dr Reddys Labs||2,595.10||-1.42|
Recommended For You
- Going From Winning World Cup to Quickly Disbanding Was Tough: Plunkett
- 3-Year-Old ‘Very Good’ Pomeranian Dog Abandoned in Kerala Over ‘Illicit Relationship’
- These Shirtless Pics of Nick Jonas Has Fans Gushing Over His 'Dad Bod'
- Chandrayaan 2 Launched Successfully By ISRO | India's Second Moon Mission
- 'A Technical Feat': Missing For 50 years, French Submarine Found on Mediterranean Seabed