Output from October through February was estimated at 24.77 MMT of sugar, up from cumulative output of 23.177 MMT a year ago, reported ISMA. Some 466 mills were continuing to crush into March, up from 457 mills a year prior.
As of Feb. 22, mills’ cane arrears were officially reported near US$2.88 million, a record at this time of the season. Special government loans totaling as much as US$1.5 million have been announced.
India sugar supply & demand history
Posted by: Information Services Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.