The country's sugar production increased by 3.5 million tonnes in eight months

- Indonesia buys more sugar from India: Exports to Afghanistan, Sri Lanka and UAE also increase

The country has seen rapid changes in the equations in recent months in the sugar market and industry. Corona infestations and lockdowns in the last year of 2020 have kept people indoors for most of last year, and demand for domestic sugar has risen sharply. However, in the meantime, hotels, restaurants, public ceremonies v. However, the demand for bulk consumption in the sugar market and industry was adversely affected during the period. Meanwhile, in the current year of 2021, the demand and inquiry for bulk consumption in sugar was resumed as the nuisance of corona decreased and the lockdown eased. However, now that the corona infestation is declining again in the country and hopes of further easing of lockdown controls have resurfaced, market experts are now hoping that bulk consumers will re-enter the sugar market to buy goods. Meanwhile, sugar production figures have been encouraging recently. The new sugar season has started in the country from October 2020 to 2020-2021 and in the period of eight months from October 2020 to May 31, 2021, the total production of sugar in the country increased by about 15 to 18 per cent. According to these sources, in the previous season, in the season of 2016/20, the production of sugar in this period was about 3 million tonnes. Meanwhile, as per the recent indications, the process of crushing and production is still going on in about 4 to 5 sugar mills in the country, market analysts said. There are indications that crushing is still going on in some sugar mills in Tamil Nadu and Uttar Pradesh.

Meanwhile, as the demand for bulk consumption in the country's sugar market is expected to pick up again, overseas sugar exports from India have so far increased by about 3 to 4 lakh tonnes in the current marketing season 2020-20, according to All India Sugar Trade Association sources. Experts said that out of these 3 to 4 lakh tonnes, exports were mainly to Indonesia. In fact, various sugar mills in India have done export deals for about 4 to 5 lakh tonnes of sugar during this period. The food ministry has set an export quota of 3 million tonnes. By June 7, the export (shipment) of sugar has reached about 3 to 4 lakh tonnes. Of this, sugar exports to Indonesia have been around 1.5 to 1.8 million tonnes, while those to Afghanistan have been around 1.5 million tonnes. Such exports to the United Arab Emirates during this period have been recorded at around 3 lakh 4 to 30 thousand tons. About three and a half lakh tonnes of sugar has gone to Sri Lanka. Meanwhile, instructions have also been received recently that about 3 lakh 80 thousand tonnes of sugar is under loading process. About 500,000 tonnes of sugar remained in transit and was to be delivered to port-based refineries. Experts were also hoping that sugar exports from India to Iran would increase if the dispute between the US and Iran was resolved. Market insiders, meanwhile, say that now that the goods have arrived at the ports, the shipment needs to be done before the monsoon jam. According to Hazira Port, officials there have decided to give priority to such export shipments of sugar. Officials at other ports are also demanding that exporters follow suit. The Centre's food ministry must talk to the shipping and commerce ministry about this, sources said. Meanwhile, according to world market indications, Brazil's rainfall and weather conditions have been favorable and sugar production is expected to increase there. This has led to a recent slump in sugar prices in the world market. Even without subsidy, sugar exports from India have started and the deals for such exports have been around two lakh tonnes, experts said recently. Now the players are keeping an eye on where the prices are going in the world market. Meanwhile, according to the Maharashtra Sugar Commissioner at home, many farmers are now turning more to sugarcane cultivation. There is a growing trend towards sugarcane cultivation. The farmers said that they have been getting a guaranteed return in Shreddy. When you grow sugarcane and cut sugarcane, farmers are sure that the mills will buy it. The market for ethanol, a by-product of sugar production in India, has also grown. The government also plans to spend about સાત 7 billion to increase ethanol production in the country. Market insiders are hoping that it will blend up to 60 per cent of the fuel and help reduce pollution.