India's sugar output set to drop 7%, could crimp exports | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
May 29, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, MAY 29, 2025
India's sugar output set to drop 7%, could crimp exports

Global Economy

Reuters
06 December, 2022, 05:50 pm
Last modified: 06 December, 2022, 05:53 pm

Related News

  • Google begins direct online sales of Pixel phones in India
  • Shrimp fry worth Tk1cr seized in Cumilla while being smuggled to India
  • India's alarm over Chinese spying rocks the surveillance industry
  • 31 more people pushed into Bangladesh through Kurigram, C’Nawabganj borders
  • 36 trafficked Bangladeshis return after serving jail terms in India

India's sugar output set to drop 7%, could crimp exports

Reuters
06 December, 2022, 05:50 pm
Last modified: 06 December, 2022, 05:53 pm
A labourer carries a sack filled with sugar to load it onto a supply truck at a wholesale market in Kolkata, India, 14 November 2018. REUTERS/Rupak De Chowdhuri
A labourer carries a sack filled with sugar to load it onto a supply truck at a wholesale market in Kolkata, India, 14 November 2018. REUTERS/Rupak De Chowdhuri

India's sugar output is likely to fall 7% this year as erratic weather conditions have cut cane yields, which could dampen exports from the world's biggest producer of the sweetener, farmers, millers and traders said.

Lower sugar exports from India, also the world's second biggest exporter, could lift global prices SBc1, LSUc1 and allow rivals Brazil and Thailand to increase their shipments.

"The crop was just looking like last year but when we started harvesting we realised that yields were very low," said Pradip Jagtap, a farmer from the Solapur district of the western state of Maharashtra, India's No.1 sugar-producing state.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

This year, Jagtap could gather 530 tonnes of cane from his nine-acre plot, down from the previous year's 750 tonnes.

Just like Jagtap, the 192 other farmers from 11 key cane-producing districts of Maharashtra told Reuters that prolonged dry weather conditions during summer and then heavy rains later hit the cane crop.

"The summer was harsh and then we received too much rainfall from July," said farmer Baban Karpe from Kolhapur. "The fields were waterlogged and the crop didn't get sunlight for weeks."

On average, farmers reported a 15% drop in cane yield, but in some pockets, they said the per hectare loss would be 35%.

Maharashtra, which accounts for more than a third of the country's sugar output, was expected to produce a record 13.8 million tonnes of sugar in the current marketing year that began on 1 October, up from the last year's 13.7 million tonnes, according to the state government.

But a 15% drop in cane yields could bring down Maharashtra's sugar production to 11.7 million tonnes, said a senior official of a sugar mill and a dealer with a trade house. Both declined to be named as they are not authorised to talk to the media.

Along with Maharashtra, cane growers from neighbouring Karnataka state also faced unfavourable weather conditions. As a result, Karnataka's sugar output looks likely to fall to 5.5 million tonnes this year against 6 million tonnes produced in 2021-22, said the mill official.

Lower sugar production in Maharashtra and Karnataka could drag down India's sugar output to 33.3 million tonnes in the current 2022-23 year against last year's record 35.8 million tonnes, the millers said in a previously unreported estimate.

LOWER EXPORTS

New Delhi has allowed mills to export 6.15 million tonnes of sugar in the first tranche, and producer body the Indian Sugar Mills Association expects India to earmark up to 4 million tonnes of sugar for overseas shipments in the second tranche.

But a drop in production means the government may allow a small amount for exports in the second tranche or even may not approve any further exports, said a Mumbai-based dealer with a global trading house, who didn't wish to be named in line with his company's policy.

India would allow exports after ensuring there are ample supplies to fulfil local demand of around 27.5 million tonnes, said a senior government official, who declined to be named.

Top News / World+Biz

India / Sugar / export

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Representational Photo: Collected
    Tax gap between listed and non-listed firms may widen to 7.5% 
  • Incessant raining since this morning (29 May) caused intense traffic congestion on almost all the streets in the capital. The photo was taken from Tejgaon Industrial Area. Photo: Syed Zakir Hossain/TBS
    Commuters suffer as morning rain causes intense traffic congestion on city roads
  • Officials protest inside the Secretariat on Tuesday, 27 May 2025, over a government ordinance amending the Public Service Act, 2018. Photo: Rajib Dhar
    Secretariat staff observe 1-hr work abstention

MOST VIEWED

  • Google Pay. Photo: Collected
    Google Pay likely coming to Bangladesh soon
  • IFIC Bank receives Tk6,000 cr in new deposits in six months
    IFIC Bank receives Tk6,000 cr in new deposits in six months
  • Dhaka areas at a gridlock on Wednesday, 28 May 2025. Photo: Syed Zakir Hossain/TBS
    BNP, Jamaat rallies: Traffic clogs Dhaka roads, including Motijheel, Paltan, Dainik Bangla intersection
  • Abdul Awal Mintoo, chairman of National Bank Limited. Sketch: TBS
    'Regulatory support must for National Bank to restore depositors' confidence'
  • Mohammad Abdul Mannan, chairman FSIB Ltd. Sketch: TBS
    FSIB to bounce back soon
  • Mohammad Mamdudur Rashid, managing director and CEO, UCB. Sketch: TBS
    Customers’ trust and confidence fueling deposit growth at UCB

Related News

  • Google begins direct online sales of Pixel phones in India
  • Shrimp fry worth Tk1cr seized in Cumilla while being smuggled to India
  • India's alarm over Chinese spying rocks the surveillance industry
  • 31 more people pushed into Bangladesh through Kurigram, C’Nawabganj borders
  • 36 trafficked Bangladeshis return after serving jail terms in India

Features

In recent years, the Gor-e-Shaheed Eidgah has emerged as a strong contender for the crown of the biggest Eid congregation in the country, having hosted 600,000 worshippers in 2017. Photo: TBS

Gor-e-Shaheed Boro Maath: The heart of Dinajpur

2d | Panorama
The Hili Land Port, officially opened in 1997 but with trade roots stretching back to before Partition, has grown into a cornerstone of bilateral commerce.

Dhaka-Delhi tensions ripple across Hili’s markets and livelihoods

3d | Panorama
Photo: Collected

Desk goals: Affordable ways to elevate your study setup

3d | Brands
Built on a diamond-type frame, the Hornet 2.0 is agile but grounded. PHOTO: Asif Chowdhury

Honda Hornet 2.0: Same spirit, upgraded sting

3d | Wheels

More Videos from TBS

Elon Musk steps down as head of DOGE under Trump administration

Elon Musk steps down as head of DOGE under Trump administration

49m | TBS World
Low Pressure over the Bay of Bengal, Signal No. 3 Issued for Sea Ports

Low Pressure over the Bay of Bengal, Signal No. 3 Issued for Sea Ports

2h | TBS Today
The fight between two brothers; Adidas vs Puma

The fight between two brothers; Adidas vs Puma

12h | Others
Trump is again keen to make Canada the 51st state

Trump is again keen to make Canada the 51st state

14h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net