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Upto Dec 15, 469 sugar mills crushing in India; Yield 69.40 lakh ton
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Tuesday, 19 December, 2017, 08 : 00 AM [IST]
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Our Bureau, New Delhi
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As on December 15, 2017, 469 sugar mills were crushing sugarcane for sugar season (SS) 2017-18 against 449 mills in the corresponding period last year. They produced 69.40 lakh ton of sugar till December 15, 2017 in SS 2017-18, i e 15.94 lakh ton (29.8 per cent) higher than the sugar production on the corresponding date of the previous sugar season of 53.46 lakh ton of sugar.
The sugar production as on November 30, 2017, which was 41.4 per cent higher than it was in the corresponding period last year, is now 29.8 per cent higher this year, on December 15 over the corresponding period last year. The difference with last year was lower by mid-December 2017.
The Indian Sugar Mills Association (ISMA) estimated a normal sugar production of 251 lakh ton in SS 2017-18, as compared to a very low production of only 203 lakh ton last year, hence the higher production trend upto December 15, 2017. It was totally expected and estimated.
In Maharashtra, 176 sugar mills are in operation, and they have produced 25.50 lakh ton of sugar till December 15, 2017. In SS 2016-17 SS, there were 144 sugar mills in operation as on December 15, 2016 and they had produced 17.25 lakh ton. This was on expected lines, as ISMA expected 74 lakh ton of sugar production this season, as compared to only 42 lakh ton produced last year.
In Uttar Pradesh, 116 have produced 23.37 lakh ton of sugar till December 15, 2017 as compared to 115 sugar mills produced 17.66 lakh ton during the corresponding period last year. This small increase was expected, as the state would be producing around 101.5 lakh ton of sugar this year as compared to almost 88 lakh ton produced last year.
The third largest producer of sugar, viz Karnataka, produced 11.50 lakh ton of sugar till December 15, 2017. This was about 0.50 lakh ton higher than the sugar production in SS 2016-17 as on December 15, 2016. During the current SS 2017-18, 60 sugar mills are in operation as on December 15, as compared to the 59 operational during the corresponding period of 2016.
As regards Gujarat, 17 sugar mills are in operation, and they have produced 2.75 lakh ton of sugar till December 15, 2017. In SS 2016-17, as on December 15, 2016, 19 sugar mills were in operation and they had produced 2.50 lakh ton of sugar till that date.
In Andhra Pradesh and Telangana, 20 sugar mills could start crushing till December 15, 2017, and they produced about one lakh ton of sugar till that date. Last year, similar number of mills were in operation on December 15, 2016, and they had produced the same quantum of sugar.
There are 13 sugar mills in Tamil Nadu in operation, and sugar production till December 15, 2017 was about 0.75 lakh ton, as compared to 0.79 lakh ton produced by 23 sugar mills as on December 15, 2016.
With regards to Bihar, Punjab, Haryana and Madhya Pradesh, there are 10, 16, 14 and 19 sugar mills are in operation, respectively, and they have produced one lakh ton, 0.80 lakh ton, 1.15 lakh ton and 0.75 lakh ton, respectively.
The initial rumours by a handful of people suggesting a specific figure of sugar production for the next SS (2018-19) had a negative impact on the market in the latter part of November and THE beginning of December 2017. However, the market has now realised that only 10-15 per cent of sugarcane for SS 2018-19 has been actually planted, and experts have agreed that the figures being suggested by a few people for the next season was misleading and too early to even talk about.
With buying interest improving and also the stock-holding limit on traders being removed, the market is expected to increase their buying, which can have a positive impact on the sales and market sentiments, which, in turn, is already having a stabilising effect.
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