NEW DELHI: Sugar production in the current season is likely to drop
5% due to rainfall in recent months and a delay in crushing by the UP
millers due to tiff over cane prices. Indian Sugar Mills Association
(ISMA), the apex representative body of sugar industry, has revised the
sugar production estimate to 23.8 million tonne from 25 million tonne
for the October 2013-September 2014 season.
"Due consideration has been given to weather conditions prevailing in the last several months, including heavy rainfall in certain parts of UP, availability of water in Maharashtra and north Karnataka and less availability of water in Tamil Nadu," said ISMA in its notice on revised estimate.
"Due consideration has been given to weather conditions prevailing in the last several months, including heavy rainfall in certain parts of UP, availability of water in Maharashtra and north Karnataka and less availability of water in Tamil Nadu," said ISMA in its notice on revised estimate.
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