India: Sugar Semi-annual

Commodities

India’s centrifugal sugar production in marketing year (MY) 2017/18 (Oct-Sept) is revised up to 27.7 million metric tons (MMT), 7.4 percent above the previous post estimate and 25 percent above last year. The state of Uttar Pradesh (UP) is expected to be the largest producer of sugar in India with its highest production estimate in decades, followed by the state of Maharashtra. In MY 2017/18, an estimated 357 MMT of sugarcane will be produced from 5 million hectares with sugar recovery estimated at 11.2 percent vis-à-vis 11 percent for MY 2016/17. Commercial trade is expected to be minimal. Similarly, MY 2016/17 sugar production is raised to 22.2 MMT to indicate latest industry estimates.  

India: Sugar Semi-annual