India's October-February sugar output jumps 20%, few mills close early


Indian sugar mills' output rose by a fifth to 23.38 million tonnes in the first five months of the 2020/21 marketing year from a year earlier, while a few mills closed operations ahead of normal schedule, a trade body said on Wednesday.

The country is the world's second biggest sugar producer and the higher output could weigh on global prices. In the current marketing year that begun on Oct. 1, 502 sugar mills have started operations, but 98 mills stopped crushing by February end, the Indian Sugar Mills Association (ISMA).....

This article is no longer available in our repository.

There could be multiple reasons for this.