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India's Sugar Output From Oct 1 To Jan 15 Drops 7%

Indian mills produced 14.87 MMTs of sugar between October 1 and January 15, a 7% decrease from the previous year, owing to lower output in key producing Maharashtra and Karnataka states, according to a leading industry body on Wednesday. Tradologie.com is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commodity sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro commodities and facilitates operations for them.

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India's Sugar Output From Oct 1 To Jan 15 Drops 7%

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  1. India's Sugar Output From Oct 1 To Jan 15 Drops 7% Indian mills produced 14.87 MMTs of sugar between October 1 and January 15, a 7% decrease from the previous year, owing to lower output in key producing Maharashtra and Karnataka states, according to a leading industry body on Wednesday. Tradologie.com is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commodity sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro- commodities and facilitates operations for them. Sugar producers and sugar sellers can easily get the best price on the platform if they sell sugar in bulk while buyers can buy sugar in bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame. Causes Of Low Production According to a statement from the National Federation of Cooperative Sugar Factories, Karnataka's sugar production decreased 12.7% to 3.1 million tons, while Maharashtra's production decreased to 5.1 million tons from 6.09 million tons. As a result of mills there starting up early, production in the northern state of Uttar Pradesh increased by 14.8% to 4.61 million tons. In an effort to lessen disruptions to its massive biofuel program, New Delhi last month announced that India would permit mills to divert up to 1.7 million tons of sugar for the production of ethanol.

  2. India, which is extremely sensitive to food inflation, is expected to ban sugar exports, the first export restriction since 2016.If you are a sugar importer wishing to import sugar in bulk or a sugar exporter willing to export bulk sugar, then Tradologie.com is the right platform for you. Tradologie.com facilitates bulk agro-commodity sales and procurement across the globe. Through tradologie.com’s interface, buyers can avail the best qualities of agro-commodities in bulk at negotiable rates. The transaction oriented platform has 700,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 100 countries. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels.

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