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sugar production
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Karnataka pegs 42% decline in sugar output at 34.51 lakh tonne for 2023-24
Sugar production in the state stood at 59.81 lakh tonne in the just completed 2022-23 season (October-September).
Published on Oct 18, 2023 12:05 PM IST
PTI | | Posted by Yamini C S
Sugar production estimated to decline in Maha, retail prices could rise
Sugar production in Maharashtra is expected to drop by over 11% this year due to unseasonal rain, dry spells, and forecasted less-than-average rainfall. This could lead to a rise in the retail rate of sugar. The area under sugarcane cultivation is expected to remain at 14.37 lakh hectares, with an expected production of 94 lakh metric tonnes. The recovery rate is expected to be 10%, lower than the average rate of 11.25%. The drop in production may lead to government intervention to restrict exports and stem a rise in retail prices.
Updated on Aug 26, 2023 12:58 AM IST
Surendra P Gangan, Mumbai
Sugar production in Maharashtra drops by 320 lakh quintals
Maharashtra's sugar production for 2022-23 decreased by 320 lakh quintals compared to last year due to unseasonal rains, old seed, and less sugar generation from per tonnes of sugarcane. At least 210 sugar mills produced 1,053.17 lakh quintals of sugar, with an average sugar production of 10%.
Updated on May 04, 2023 11:35 PM IST
Abhay Khairnar
Sugar production in state drops by 17%, retail price may go up
Maharashtra's sugar production has dropped by 17.4% due to a substantial decrease in the recovery rate of sugarcane caused by unequal rainfall and climate change. This could result in a rise in retail prices. After the recent conclusion of the crushing season, sugar production in the state was reported at 1,053 lakh quintals in 2022-23 compared to 1,275.3 lakh quintal in 2021-22. The government incentives for converting sugar to ethanol have further led to a drop in sugar production. Experts predict that retail prices of sugar may increase by INR1 to INR2 per kg.
Updated on Apr 25, 2023 12:34 AM IST