Sugar production is close to 17 mn tonnes, 23 per cent lower than last year

Sugar mills in the place have made virtually 170 lakh tonnes (lt) of sugar until February 15, about 22.7 for every cent decreased than about 220 lt sugar made in the corresponding period of time of the former sugar period, a statement from Indian Sugar Mills Association (ISMA) stated on Tuesday.

At the moment, 426 mills are crushing sugarcane, in comparison with 502 sugar mills as on the corresponding date in the previous sugar period. India’s sugar period operates from Oct to September. Other than, 23 mills have by now stopped crushing procedure due to non-availability of sugarcane, as in opposition to 19 on the similar date previous year.

With prices of uncooked and white sugar ruling 20 to 25 for every cent increased in the worldwide market than 3 months in the past, Indian mills have a superior opportunity of receiving greater prices for their exports. According to analysts,

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