Claim that there is no crisis in the sugar market due to adequate stock and better future scenario

19-Mar-2025 03:26 PM

ISMA Claims No Crisis in Sugar Market Due to Adequate Stock & Positive Outlook

Key Highlights:

  • Sufficient Stock & Stable Supply

    • Opening Stock (Oct 1, 2024): 80 lakh tonnes
    • Estimated Production (2024-25): 264 lakh tonnes
    • Projected Domestic Consumption: 280 lakh tonnes
    • Planned Exports: 10 lakh tonnes
    • Expected Closing Stock (Sep 30, 2025): 54 lakh tonnes

  • Continued Sugarcane Crushing

    • 238 lakh tonnes of sugar produced till March 15, 2025
    • 200 sugar mills still operational
    • Karnataka & Tamil Nadu to conduct a special crushing session (June-July)

  • Optimistic Outlook for 2025-26 Season

    • Production expected to exceed 43 lakh tonnes in Oct-Nov 2025
    • With 54 lakh tonnes of carryover stock, total availability to approach 100 lakh tonnes

  • Response to Market Speculation

    • ISMA alleges misinformation is being spread to manipulate the market.
    • The government’s export quota (10 lakh tonnes) has stabilized the industry.
    • 80% of sugarcane dues have already been paid by mid-March.

Implications for Market & Consumers:

  • No immediate sugar shortage or price surge expected.
  • Millers' financial condition improving, ensuring timely farmer payments.
  • Potential increase in exports if domestic stability is maintained.

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