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ISO estimates world sugar production at 181.9 million tonne for the 2022-23 season
Published on: Nov 16 2022, 10:36
The International Sugar Organization has forecasted that sugar production may increase by around +4.5% year on year basis to a 5-year high of 181.9 million tonne in 2022-23 season, as a result, global sugar market would be in a surplus of +5.6 MMT. However, higher sugar output in India is bearish for prices. India’s Sugarcane acreages has increased by +5.4% year-on-year basis, and sugar production is expected to increase by +2.9% year-on-year basis to 35.8 MMT.
- ISMA revises its Sugar production extimates (Subscribers Only)020223
- Haryana government hike the SAP for the 2022-23 season (Subscribers Only)270123
- Government may increase sugar export quota for the 2022-23 season (Subscribers Only)200123
- NFCSF has estimated sugar production at around 160 lakh tonne till 15th January 23
- Sugar production in India has reached 156.8 lakh tonne till 15th January 2023
- Haryana sugarcane farmers are demanding government to hike the SAP for the 2022-23 season
- Indian sugar mills had set to exhaust about 6 MT of sugar exports in the 2022-23 sugar season
- India sugar mills had exhausted about 6 MT of export quota.
- Sugar production in India has reached 120.7 lakh tonne till 31st December 2022