India

Global supplies will outpace demand by about 1 to 3 mt in 2017-18
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Indian mills will likely produce 21.3 million tonnes of sugar during the year—the lowest in seven years— and 9% lower than ISMA’s earlier estimates released in September
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The south Asian country is the world's biggest consumer of the sweetener with annual demand of around 25 million tonnes.
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The war between sugar producers and refiners on the issue of whether the government should lower a 40% import duty on the sweetener is now out in the open.
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Sugar mills in top producing western state of Maharashtra and third biggest producing southern state of Karnataka are closing earlier than initial expectations
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As of January 15, Indian mills have produced 10.5 million tonnes of sugar, down 5.3 percent compared to the same period a year ago.
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India has retained its sugar output forecast for 2016/17 season at 22.5 million tonnes, a top government official said, after a meeting of representatives from India's leading sugar-producing states. "We will meet again after two weeks to re-assess these production numbers," said the official, who requested anonymity. Reuters
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Sugar output in India's top producing state of Uttar Pradesh (U.P.) is expected at 8.1 million tonnes in the year to Sept. 2017, up from 6.8 million tonnes in the previous year, two government officials who did not want to be named told reporters on Tuesday. Production in U.P. is likely to go up because of higher cane crop yield, the officials said after a meeting of representatives from…
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For the past four years since the E5 policy was implemented, oil marketing companies have failed to achieve the volumes set for blending.
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