Wednesday 18 May 2022
- Advertisement -

Expect sugar price to go down due to surplus supply


New Delhi: India will have about 30-31 million MT stock available for the next sugar season 2016-17, which would be more than sufficient to meet the domestic of consumption.

production during 2016-17 season is estimated to be 23-24 million MT. Coupled with the estimated carry-over stock of 7.3 million MT from the current sugar season, the availability of sugar for the domestic consumption will 30-31 million MT against the of about 25.5 million MT. Hence, there will be no shortage of domestically produced sugar in India.

In the beginning of the ongoing season 2015-16, India started with a carryover stock of 9 million MT from the last season.

This report of the actual situation on ground should put to rest alarmist speculations some media houses are indulging in, with the assumption that the unfortunate incidences of suicides of farmers who cultivate sugarcane must be linked to a low or insufficient production of sugar.

It is suspected that some hoarders and black marketeers may have planted reports of the kind quoted above. This report is meant to keep the consumers aware of the ground situation.


Similar Articles


0 0 votes
Article Rating

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments

Contribute to our cause

Sirf News needs to recruit journalists in large numbers to increase the volume of its reports and articles to at least 100 a day, which will make us mainstream, which is necessary to challenge the anti-India discourse by established media houses. Besides there are monthly liabilities like the subscription fees of news agencies, the cost of a dedicated server, office maintenance, marketing expenses, etc. Donation is our only source of income. Please serve the cause of the nation by donating generously.

Or scan to donate

Swadharma QR Code
Sirf News Facebook Page QR Code
Facebook page of Sirf News: Scan to like and follow

Most Popular

Would love your thoughts, please comment.x
%d bloggers like this: