India's 2021/22 sugar output could rise by 3% to 31.9 mln T-trade body

Bajaj Hindusthan Sugar

27/01/2022 09:50

MUMBAI, Jan 27 (Reuters) - India's sugar production in the
2021/22 marketing year is likely to rise by 3% 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.  SBc1 ,  LSUc1 .
    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.

 (Reporting by Rajendra Jadhav; Editing by Toby Chopra)
 ((rajendra.jadhav@thomsonreuters.com; +91-22-68414378 ; Reuters
Messaging: rajendra.jadhav.thomsonreuters.com@reuters.net))