Indian Sugar output from October 1 to December 15 up 2% y-o-y-industry

Sugar mills produced 4.9 million tonnes of the sweetener between Oct. 1 and Dec. 15, up 2 per cent from a year earlier, a statement from a leading industry body said on Tuesday.

The top producing western state of Maharashtra churned out 1.88 million tonnes during the period, slightly higher than 1.83 million tonnes produced a year ago, the Indian Sugar Mills Association (ISMA) said.

Output in second-biggest producer Uttar Pradesh fell 20 per cent on year to 1 million tonnes due to a delay in crushing, but was compensated by higher production in southern states like Karnataka and Tamil Nadu, it said.

India is set to produce surplus sugar for a third straight year in a row in 2012/13 with production of 24 million tonnes surpassing annual local demand of around 22.5 million tonnes.

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