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

Friday
May 30, 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
FRIDAY, MAY 30, 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

  • Assam family alleges 2 people illegally pushed back to Bangladesh; Gauhati High Court seeks state's response
  • India for 'inclusive, fair, free' polls in Bangladesh at an early date
  • BSF reportedly pushes 43 people more into Bangladesh
  • Govt approves second phase of 5,800 tonnes aromatic rice exports
  • Google begins direct online sales of Pixel phones 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

  • Chief Adviser Muhammad Yunus meets Japanese Prime Minister Ishiba Shigeru in Japan on 30 May 2025. Photo: CA Office
    Japan's PM reiterates full support for CA's reform initiatives
  • Photo collage of the sailors and their catch. Photos: Shahid Sarkar
    Between sky and sea: The thrilling life afloat on a fishing ship
  • Bangladesh Chief Adviser Muhammad Yunus speaks to Nikkei Asia in Tokyo on 29 May. Photo: Nikkei Asia
    Bangladesh ready to buy more US cotton, oil to reduce trade gap: Yunus

MOST VIEWED

  • Photo: Courtesy
    New notes featuring historic, archaeological structures of Bangladesh to be circulated from 1 June
  • Two Memoranda of Understanding were signed at the seminar titled “Bangladesh Seminar on Human Resources,” in Tokyo on 29 May 2025. Photo: CA Press Wing
    Japan to recruit 100,000 Bangladeshi workers over next 5 years
  • Representational Photo: Collected
    Country's all jewellery shops to remain indefinitely closed in protest of VP Reponul's arrest: Bajus
  • BAT Bangladesh has to vacate Mohakhali HQ as SC rejects lease appeal
    BAT Bangladesh has to vacate Mohakhali HQ as SC rejects lease appeal
  • Illustration: TBS
    Bangladesh repays $3.5b foreign debt in 10 months of FY25
  • Khondoker Rashed Maqsood. File Photo: Collected
    Investors urge removal of BSEC chairman in meeting with CA’s special assistant, submit list of demands

Related News

  • Assam family alleges 2 people illegally pushed back to Bangladesh; Gauhati High Court seeks state's response
  • India for 'inclusive, fair, free' polls in Bangladesh at an early date
  • BSF reportedly pushes 43 people more into Bangladesh
  • Govt approves second phase of 5,800 tonnes aromatic rice exports
  • Google begins direct online sales of Pixel phones in India

Features

Photo collage of the sailors and their catch. Photos: Shahid Sarkar

Between sky and sea: The thrilling life afloat on a fishing ship

34m | Features
For hundreds of small fishermen living near this delicate area, sustainable fishing is a necessity for their survival. Photo: Syed Zakir Hossain

World Ocean Day: Bangladesh’s ‘Silent Island’ provides a fisheries model for the future

16h | The Big Picture
The university will be OK. But will the US? Photo: Bloomberg

A weaker Harvard is a weaker America

16h | Panorama
The Botanical Garden is a refuge for plant species, both native and exotic. Photo: Mehedi Hasan/TBS

The hidden cost of 'development' in the Botanical Garden

16h | Panorama

More Videos from TBS

Record migrant deaths in 2024

Record migrant deaths in 2024

13h | Podcast
News of The Day, 29 MAY 2025

News of The Day, 29 MAY 2025

15h | TBS News of the day
Businesses set for relief as interim govt eyes major tax & fine cuts

Businesses set for relief as interim govt eyes major tax & fine cuts

18h | TBS Insight
Love is essential for human life

Love is essential for human life

18h | TBS Programs
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