Increase in production in the current sugar year: Total production is expected to be 307 lakh tonnes

- In the vertical market ઃ Dilip Shah

- Crushing process still going on in 2 to 3 sugar mills: Possibility of special crushing in southern states

Corona infestation and lockdown in the country in the last year of 2030 changed the demand equations in the sugar market and in the current new year of 2021, although corona was initially controlled, the situation in the sugar market started to return to normal. Market insiders did not say. Corona and lockdowns have seen a rise in local demand for sugar in the sugar market on the one hand, while bulk consumption demand on the other. Various public ceremonies have been canceled in the lockdown. Weddings and other auspicious occasions have gone beyond austerity and consumption of sweets and soft drinks has also declined and in such an environment there has been a significant decline in the purchase of bulk consumption of sugar. The closure of hotels and restaurants in Adhura has also hit the sugar market and industry demand from the region, market sources said. However, the market price of sugar has recently been seen fluctuating between bilateral fluctuations. Prices present in Navi Mumbai Wholesale Sugar Market Kiev. Prices for medium malo have been around Rs 615 to 7 and medium malo around Rs 4 to 6 per kg recently, while Naka delivery prices were around Rs 4,150 to Rs 4,150 and good malo prices were around Rs 2,150 to Rs 30. Meanwhile, the country's new sugar season of 2020-21 has started from October 2020 and during the seven-month period from October 2020 to April 2021, domestic demand and sales in the country have increased by about six per cent. According to sugar industry experts, various sugar mills across the country have sold a total of about 12-13 lakh tonnes of sugar in the domestic market in the last seven months, compared to 12-13 lakh tonnes in the same period last year. Market sources said demand for home-grown sugar has increased during the period due to lockdown and Corona. However, sales of ice cream, cakes, biscuits, etc. declined in the lockdown last year, but this year saw a lower-than-expected decline in sales of these items and there was no significant setback in the demand for sugar from the sector, market analysts said. The country had given a quota of 4 lakh tonnes of sugar in April, but the domestic demand for sugar in April was around 8 lakh 10 to 12 thousand tonnes.

Meanwhile, the total domestic sugar production in the country during the current sugar season till May 15 has increased from 205 to 206 lakh tonnes. Compared to the production in the same period last year, the production in the current sugar season is about 3 to 4 lakh tonnes. Meanwhile, sources in the sugar industry said that there was a need to increase the minimum selling price of sugar. Such prices are Rs 21 per kg. The prices were fixed in February 2016 and there is a special need to increase such prices, sources said. It is proposed to increase such price to Rs. If such prices are increased, the sugar mills will have more cash flow on hand and will be able to pay the sugarcane growers faster through the sugar mills. The total sugar production in the country is expected to increase to 205 lakh tonnes in the 2020-21 sugar season. Out of the total sugar mills in the country, 3 to 4 sugar mills are still in the process of crushing. In addition, with the possibility of a special crushing season in Tamil Nadu and South Karnataka, the total sugar production across the country is likely to be higher than expected. Such production, which was earlier estimated at around 205 lakh tonnes, is now projected to be around 205 lakh tonnes. Meanwhile, the process of making jaggery and sugar cane from sugarcane in the country this season has also been taken up earlier this year and the surplus quantity of sugarcane has shifted from this sector to the sugar industry, which has led to higher sugar production. India's demand for sugar has also increased in the export market. As per the latest directives, deals for export of about 3 lakh tonnes of sugar have been completed this year and out of the total export quota of the current sugar year, about 5 per cent have been exported in terms of export quota. In the three-month period from January to March this year, India's sugar exports have reached about 3 lakh tonnes and in April and May, another 3 to 4 lakh tonnes of sugar was expected to be exported, according to export market experts. Meanwhile, sources are hoping that the demand for bulk consumption in sugar will also rise again if the country regains control of the corona and the situation returns to normal.