Indian sugar update report [Q4 2021]
The 2021/22 season (Oct-Sep basis) is now in full flow with 11.5 Mt of sugar produced nationwide by the end of [Dec 21]. Meanwhile, exports – which boomed early this season – have been drawn to a halt in a number of States as domestic prices can yield better returns than exports.
Indian sugar update report [Nov 21]
Production is up 11% and totaled 4.77 Mt on November 30th. Although production in Uttar Pradesh trails behind last year due to a late start of the crush this season, output in Maharashtra is up 29% at 2.03 Mt.
Meanwhile and despite a significant slowdown in recent weeks, contracted volumes of Indian sugar exports have reached 3.5 Mt with an estimated 0.9 Mt of sugar being physically shipped.
Indian sugar update report [Oct 21]
With about 300 sugar mills operating nationwide by 17th November, India is now well into the 2021/22 crushing season. If production figures are ahead of last year, Uttar Pradesh is slightly behind schedule due to unusual rainfalls in October that slowed down field operations and could affect cane sugar content.
As for exports, Indian sugar mills have already signed contracts for an estimated 2.5 Mt so far this season.
Indian sugar update report [Q3 2021]
After a 2020/21 season [Oct/Sep basis] which concluded with a total sugar output of 31.1 million tonnes (Mt), we have now entered the 2021/22 season for which we expect sugar production to total 31.5 Mt as ample water availability (88% of the reservoirs are full) should improve cane productivity.
Indian sugar update report [Aug-Sep 21]
All eyes are now focused on the new sugar season 20201/2022 which will start on October 1st, 2021.
Although a large number of sugar mills should start crushing by mid-October the crush season will be in full swing from November 2021 onwards.
Indian sugar update report [Jul-Aug 21]
Following supportive news coming from international sugar markets, Indian sugar exports outperformed official targets. Meanwhile prospects for the upcoming 2021/22 season should result in…
Indian sugar update report [Q2 2021]
Final 2020/21 sugar output is anticipated to total 31 Mt with Southern states expected to add an extra 0.3 Mt (to the current 30.7 Mt) during the “special” season that traditionally occurs in [Jun – Sep].
Indian sugar update report [May 2021]
The 2020/21 season is now almost over: all sugar mills having concluded their sugarcane crush. Overall, sugar production crossed 30.66 million tonnes (Mt) on June 15th (Table 1): 13% higher than last year.
However, these are not final figures as…
Indian sugar update report [Q1 2021]
Sugar production in India totaled 29.1 million tonnes (Mt) by April 15th, 2021 : up 17.5% from last year. Meanwhile exports…
Indian monthly update report [Feb 2021]
Indian sugar factories produced more than 23 million tonnes (Mt) of sugar by February 28th: 20% higher than a year ago when 19.5 Mt of sugar had been produced. Meanwhile, Indian sugar export deals [raws + whites] for 2020/21 crossed the…