Sugaronline India Report – There is no end to India’s sugar glut

India’s sugar output is likely to increase by as much as 18% (YoY) to 32.01 million tonnes in 2020/21, according to Indian Sugar Mills Association (ISMA). The current season output is estimated at 27.2 million tonnes. This is not good news for the global sugar markets struggling with the supply glut and depressed prices at