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India's sugar output till 15 April 2016 is down at 243.44 lakh tonnes as compared to 264.68 lakh tonnes produced during the same period last year marking a reduction of 21.24 lakh tonnes, Indian Sugar Mills Association(ISMA) said on Monday.
The top producing state Maharashtra's sugar output declined by 16.01 lakh tonnes to 83.60 lakh tonnes compared to 99.61 lakh tonnes produced upto 15th April last year. The sugar mills in Uttar Pradesh have produced 67.75 lakh tonnes of sugar which is almost at the same level of sugar production at the same time last year, ISMA stated.
“During the first six months of current season i.e. 1st October 2013 to 31st March, 2014, the sugar mills have dispatched 132 lakh tonnes of sugar for sale in the domestic market, which is 5 lakh tonnes more as compared to despatches of 127 lakh tonnes during the same six month period in the last sugar season,” according to ISMA.
The slightly higher despatches are because of better lifting during the last few months after improvement in the market sentiments. Upto 31st March, 2016, about 13.5 lakh tons of sugar has been exported by sugar mills.