Maharashtra Sugar output may fall 15-20 percent in 2019-20: NFCSF
Commodity Online | May 20 2019
UPDATED 17:05:36 IST

Govt slashes corporate tax for domestic companies

USDA pegs India's 2019/20 Soybean crop at 11 MT

MCX announces launch of Kapas February 2020 and April 2020 futures contracts

India's Rice export prices up on firm Rupee

Falling Yarn exports adds to underutilisation of capacities: report

After hitting an all-time high in 2018-19, sugar output in Maharashtra is likely to decline by 15 - 20 per cent in the crushing season 2019-20 (October - September) due to lower acreage in the current planting season, industry body National Federation of Co-operative Sugar Factories (NFCSF) said.

Sugar output in Maharashtra, the largest sweetener producing state in India, was reported at 10.07 million tonnes for the season 2018-19 (October – September), a record high in the state. However, the deficient rainfall in 2018 resulted in a severe drought in the state. This is expected to hit sugarcane growth. Moreover, farmers have decided to switch to other crops like soybean and pulses amongst others to boost their farm income.

“Maharashtra hit a record sugar production surpassing the benchmark 10 million tonnes in the crushing season 2018-19. But, drought and crop diversion are set to reduce its overall cane sowing this year. We feel, total sugar output may remain 15 – 20 per cent lower at 8-8.5 million tonnes in sowing season (SS) 2019-20,” said Prakash Naiknavare, managing director, National Federation of Co-operative Sugar Factories, the Business Standard reported.


Commodity Arrivals Rate
Urad 7100.00
Mustard Oil 3.73 9500.00
Coconut Oil 1.5 17800.00
Arecanut 30 22500.00