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- (-) Sugar
- (-) September 2024
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Post raised the forecast for India’s centrifugal sugar production in marketing year (MY) 2024/2025 (October-September) to 35.5 million metric tons (MMT), due to adequate rainfall from the 2024 southwest monsoon.
With the outlook for the sugar industry largely unchanged from the previous report, no significant changes are made to the supply and demand tables.
The Ministry of Consumer Affairs revised the raw sugar subsidy to $55.09 (INR 3,371) per metric ton (MT), which is applicable from August 1, 2014, to September 30, 2014.