login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Around 308 mills in operation produce 19.9 lakh tonnes of sugar as on Nov 15 : ISMA

17 Nov 2022 3:41 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

New Delhi, Nov 17 (Commoditiescontrol) Sugar production was 19.9 lakh tonnes as on Nov 15, 2022 in the current season which started on October 1, 2022 against 20.8 lakh tonnes in the same point of time a year ago.

PRESS RELEASE – 17h November, 2022

· Following table gives state-wise detail of sugar production this year vis a vis last year:

YTD

15th Nov' 2022

15th Nov' 2021

ZONE

No. of operating factories

Sugar production

No. of operating factories

Sugar production

U.P.

76

3.6

74

2.9

Maharashtra

141

8.6

134

8.9

Karnataka

62

6.1

63

7.6

Gujarat

14

0.6

14

0.8

Tamil Nadu

5

0.8

3

0.4

Others

23

0.2

20

0.2

ALL INDIA

321

19.9

308

20.8

· Sugar production till 15th November, 2022 in the current 2022-23 SS is 19.9 lac tons, against 20.8 lac tons produced last year on 15th November 2021.

· Several sugar mills in West, started their operations late this season, because of which the sugar production till 15th November, this year is slightly lower.

· As per port information and market reports, about 35 lac tons of contracts for export of sugar have already been entered into so far. Out of this, about 2 lac tons of sugar have been physically exported out of the country in the month of October,22 as compared to about 4 lac tons exported in the corresponding month last year.

This needs to be noted that several traders entered in export contracts for the 2022-23 season, much before the export policy announced by the Government i.e. before 5th November’2022. Since then, there has been upward trend in international prices of sugar, as a result of which sugar mills are renegotiating export contract prices.


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Weekly: ICE raw sugar futures extend week of loss on am...
Weekly: ICE raw sugar futures track oil higher; US plan...
Weekly: ICE raw sugar futures returns to weekly loss on...
Weekly: ICE raw sugar futures snap four week of loss; g...
Weekly: ICE raw sugar futures extend fall for fourth we...
more
Top 5 News
Mumbai Black Matpe (Urad) Trending Higher / Next Resis...
RBD Palm Olein (Kandla) Positive Short-term Trend / Ne...
Soybean Meal (Indore) Trending Higher / Next Resistanc...
Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex...
Weekly: ICE cotton futures post extend fall for sixth s...
Top 5 Market Commentary
CBOT CLOSE:17-April-2024
DCE Oil Complex Evening Closing - 17 Apr 2024
ZCE Cotton And Yarn Evening Closing - 17 Apr 2024
ICE/ZCE Daily Rates Update ( Time: 20:12) - 17 APRL 202...
DCE Daily Rates Update ( Time: 20:13) - 19 APRL 2024
Copyright © CC Commodity Info Services LLP. All rights reserved.