State-wise Scenario:
We will keep our focus on 2 most important states UP and Maharashtra. Uttar Pradesh sugar mills are as usual knocking the doors of the court for granting some relief in SAP (State Advised Prices) after the announcement of Rs. 140/qntl SAP for cane. However few mills have
started crushing and rest will follow soon. This season Sugar production is likely to fall by about 30% to 6.1mmt from 8.2mmt last season primarily due to lower crop of sugarcane and delayed crushing. Maharashtra is likely to face shortage of cane this season as crop area has dropped by about 35% hence will immediately impact sugar production. This season MH is likely to produce about 6.3mmt i.e. 36% fall over last season. Rest of the country will also face the cane shortage this season and hence will directly result in lower sugar production and normal crushing season, likely to end by April end.
We will keep our focus on 2 most important states UP and Maharashtra. Uttar Pradesh sugar mills are as usual knocking the doors of the court for granting some relief in SAP (State Advised Prices) after the announcement of Rs. 140/qntl SAP for cane. However few mills have
started crushing and rest will follow soon. This season Sugar production is likely to fall by about 30% to 6.1mmt from 8.2mmt last season primarily due to lower crop of sugarcane and delayed crushing. Maharashtra is likely to face shortage of cane this season as crop area has dropped by about 35% hence will immediately impact sugar production. This season MH is likely to produce about 6.3mmt i.e. 36% fall over last season. Rest of the country will also face the cane shortage this season and hence will directly result in lower sugar production and normal crushing season, likely to end by April end. 
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