India’s sugar export may touch 85 lakh tonnes this year: ISMA

India’s sugar exports may touch 85 lakh tonnes in the ongoing 2021-22 marketing year ending September, as per the estimates of global trade houses, industry body ISMA said. While the country has contracted 72 lakh tonnes of sugar export, the physical exports have been around 56-57 lakh tonnes till March-end this year, it said.

Sugar marketing year runs from October to September. Crushing operation is still on as 366 mills were operating till March-end, while 152 mills had stopped the crushing.

Releasing the latest sugar production figures, Indian Sugar Mills Association (ISMA) said: “News from the international trade houses indicate that global market is expecting 85 lakh tonnes of sugar exports from India, in the current season.”  According to the industry body, sugar production reached 309.87 lakh tonnes till March of the ongoing 2021-22 marketing year, higher than 278.71 lakh tonnes in the year-ago period.

Maharashtra, Uttar Pradesh and Karnataka are the top three sugar producing states in the country. As per the ISMA data, sugar production in Maharasthra rose to 118.81 lakh tonnes till March from 100.47 lakh tonnes in the year-ago period.In Uttar Pradesh, sugar production remained lower at 87.50 lakh tonnes till March this year compared with 93.71 lakh tonnes in the year-ago period. Sugar output in Karnataka, the country’s third-largest sugar-producing state, rose substantially to 57.65 lakh tonnes till March as against 42.38 lakh tonnes in the year-ago period.

On the ethanol front, ISMA said against the total Letter of Intent (LoI) for supply of 416.33 crore litres, 131.69 crore litres of ethanol have been supplied as on March 27 this year. Contracted quantity as on date is 402.66 crore litres as against LoIs (letters of intent) of about 416 crore litres issued by oil marketing companies, it said. The country on an average has achieved a blending percentage of 9.60 per cent between December 2021 and March 2022, it added.

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