After bumper production of sugar reported all over India, led by Maharashtra and followed by Uttar Pradesh and Karnataka, output in the southern state of Tamil Nadu in the current season is expected to hit a historic low.
The state is likely to close at 6.5 lakh tonne, including about one lakh tonne of processed raw sugar.
According to the available figures as of March, mills have produced over 4.5 lakh tonnes as compared with about 6.5 lakh tonnes during the same period last year. The state will continue to under-perform in sugar output as planting acreages remain stagnant across major cane growing districts.
Meanwhile sugar production in India reached an all time high at 28.18 million tonnes at the end of last month, according to Indian Sugar Mills Association (ISMA) estimates.
Maharashtra has produced 10.12 million tonnes up to March 31, 2018. The mills in U.P have produced 9.54 million tonnes up to March 31, 2018., while those in Karnataka have produced 3.556 million tonnes in the current fiscal season up to March 31, 2018.