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India's 2021/22 sugar output likely to rise 3% y/y to 31.9 million tonnes: AISTA

27 Jan 2022 5:12 pm
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NEW DELHI, Jan 27 (Commoditiescontrol) - India's sugar production in the 2021/22 marketing year is likely to rise by 3 percent from a year ago to 31.9 million tonnes on higher yields in the western state of Maharashtra, a trade body said on Thursday.

India is the world's second-biggest sugar producer and the higher output could weigh on global prices.

Sugar mills could divert a record 3.1 million tonnes of sugar for ethanol production in the current marketing year that ends on Sept. 30, the All India Sugar Trade Association (AISTA), said in a statement.

(By Commoditiescontrol Bureau)


       
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