Now ISMA has also reduced the sugar production estimate

01-Feb-2025 10:53 AM

It looks like sugar production in India is facing a significant decline for the 2024-25 season. The reduction in estimates from major organizations like ISMA, NFCSF, and AISTA signals that the country might see a drop of over 45 lakh tonnes in sugar production compared to the previous season.

The decrease is attributed to lower yields in key sugar-producing states like Uttar Pradesh, Maharashtra, and Karnataka, which are facing challenges in both sugarcane yield and recovery rates.

This decline will likely lead to tighter sugar supply, which could impact both domestic availability and prices.

The expected reduction in surplus stock at the end of the season, along with the shift towards using sugar for ethanol production, further complicates the situation.

Do you think the government will take any immediate steps to mitigate the effects of this reduced production, especially considering the potential price impacts?