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Cane crushing, sugar production to increase in Maha this year

Press Trust of India  |  Mumbai 

Officials from the state's Commissionerate said that mills in the state had revised their estimate of sugarcane crushing in the current season to 800 lakh tonnes by April this year from the earlier estimate of 700 lakh tonnes. This, they said, was due to increase in sugarcane production because of the availability of sufficient water. "Total sugarcane production in would be around 900 lakh tonnes. Of these, some would be diverted for fodder and other usage and 800 lakh tonnes would be crushed for The average recovery rate per tonne is 11.50 per cent," the officials informed. Officials of the State Federation of Cooperative Factories said that the sugarcane crushing season generally began in November and went on till March, adding that sugarcane was in excess this year and crushing might extend till April. "As many as 184 mills, comprising private and cooperative ones, have commenced production. There are 87 cooperative and 62 private mills which have crushed 620 lakh tonnes of sugarcane and produced 66.89 lakh tonnes of The current recovery rate is 10.04 per cent," Shriram Shete, of the federation said. He added that in the previous year, during the same time, 149 mills had crushed 339 lakh tonnes of sugarcane and had produced 37.50 lakh tonnes of However, he said, the problem was that it could see prices crashing in the wholesale market.

It was on the basis of sales that factories paid prices to farmers, he explained. "The rates of bagasse and molasses are also on the lower side. If the prices continued to fall, it will land mills in a financially vulnerable situation as and its byproducts are the sources of income for mills. If mills do not get good rates from and it byproducts, the situation could get critical, including mills turning defaulters," Shete said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sun, February 11 2018. 18:30 IST
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