Sugar Production Drops by 16%: NFCSF

17-Mar-2025 10:47 AM

Sugar Production Drops by 16%: NFCSF
★ According to the National Federation of Cooperative Sugar Factories (NFCSF), India's sugar production till March 15 in the 2024-25 season has dropped 16.13% to 23.71 million tonnes.
★ The initial projection for the 2024-25 crushing season (October-September) was 33.3 million tonnes, but it has now been revised down to 25.9 million tonnes.
State-wise Production (in million tonnes)
Maharashtra: 7.86 (this year) vs. 10.04 (last year)
Uttar Pradesh: 8.09 (this year) vs. 8.85 (last year)
Karnataka: 3.91 (this year) vs. 4.95 (last year)
★ Maharashtra’s crushing season lasted only 83 days, compared to the ideal 140-150 days.
★ Uttar Pradesh faced losses due to Red Rot disease and Top Shoot Borer pest attacks.
★ In January 2025, the government permitted sugar exports of 1 million tonnes, but the lower production has created a supply-demand imbalance.
★ Oil marketing companies (OMCs) have announced priority ethanol procurement from cooperative sugar mills.
Other Agencies’ Production Estimates (in million tonnes)
ISMA: 26.4
AISTA : 25.8
★ With lower production, sugar stock at the end of the season is expected to be tight, leading to firm prices.