Helped by stringent curbs on exports and no relaxation on feedstock restrictions for ethanol production, India’s effective sugar supply is likely to be higher than earlier estimates.
Despite lower output from the western Indian states of Maharashtra and Karnataka, India’s sugar production in the current crushing season is likely to be 33.05 million tonnes, roughly 10% lower from the previous season at 36.6 million tonnes, according to the second advance estimate by Indian Sugar Mills Association (ISMA). However, this is higher than
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