 "From the 2018-19 sugarcane season starting October, the Centre not only increased the base recovery rate from 9.5 to 10 per cent, but also raised the premium extra yield in sugar from Rs 2.68 per quintal to Rs 2.75 a quintal")
Domestic sugar production in the ongoing 2019-20 crushing season dropped by nearly 65 per cent to 485,000 tonnes as on November 15, thanks to delayed crushing in two major producing states of Maharashtra and Karnataka.
According to the Indian Sugar Mills Association (Isma), sugar production stood at a much higher level of 1.34 million tonnes (MT) in the same period last year.
Quoting trade and port information, it said sugar mills had contracted for export of 1.4 mt sugar, of which 200,000 tonnes had been shipped.
The mills in Maharashtra are yet to start crushing because of
According to the Indian Sugar Mills Association (Isma), sugar production stood at a much higher level of 1.34 million tonnes (MT) in the same period last year.
Quoting trade and port information, it said sugar mills had contracted for export of 1.4 mt sugar, of which 200,000 tonnes had been shipped.
The mills in Maharashtra are yet to start crushing because of
