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Sugar season begins from October to September. The cane crushing season typically begins in October-November and continues until mid-April.
Sugar exports are estimated to be at 11.2 million tonne within the present season.
“Total sugar output is anticipated to be good, however exports shall be decrease subsequent season,” the official instructed PTI.
The sugar provide is seen to be decrease with a gap stability of 6 million tonne within the subsequent season. There may be additionally a chance of upper diversion of cane for ethanol, he stated.
Prior to now few years, the nation had a gap stability of sugar between 8-10 million tonne, however it’s anticipated to be 6 million tonne within the 2022-23 season.
Even the diversion of cane for ethanol making is prone to be greater in 2022-23 than the present season. About 4.5-5 million tonne of sugar is anticipated to be diverted for ethanol subsequent season in opposition to 3.5 million tonne this season, he added.
In response to the inputs from key rising states, the official stated the nation’s whole sugar manufacturing is estimated to be greater at 40 million tonne within the 2022-23 season when in comparison with 39.5 million tonne within the present season.
The prospect of sugarcane crop has brightened owing to raised rains in main rising states of Maharashtra and Karnataka, and irrigation in Uttar Pradesh, he added.