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AISTA cuts sugar production estimate by 19% to 25.8 mn tn for 2024-25

Business Standard LogoBusiness Standard22h ago

AISTA cuts sugar production estimate by 19% to 25.8 mn tn for 2024-25 - Business Standard

Quick Summary:

India's sugar production is expected to fall by 19 per cent to 25.8 million tonnes in the 2024-25 season ending September, down from 31.9 million tonnes in the previous season, according to the All India Sugar Trade Association's second estimate released on Tuesday.

Output in Uttar Pradesh, the country's second top producer, is projected at 9 million tonnes, unchanged from the first estimate but below the 10.4 million tonnes recorded last season.

The latest projection is 0.72 million tonnes lower than AISTA's first estimate of 26.52 million tonnes, with the downward revision attributed to reduced output in Maharashtra, Tamil Nadu and Gujarat.


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Category: BusinessFinance

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Published On: 2025-03-11 @ 20:54:56 (22 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 382 words

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Copyright Owner: © Business Standard

News ID: 26895591

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