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Sugar consumption gets to pre-Covid level as hotels and restaurants open up

Demand has emerged from cold drink and ice creams makers that seek to fill pipeline inventory which got diminished during the lockdown due to factory closure and freight disruptions

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Isma estimates closing balance between 9.5-10 million tonnes tonnes which may be higher at around 11.5 million tonnes at the end of current season

Dilip Kumar Jha Mumbai

3 min read Last Updated : Jun 19 2020 | 1:14 AM IST

Sugar demand has recovered from the destruction seen during the lockdown and has returned to pre-Covid levels on a sharp increase in orders from cold drink and ice-cream makers to fill their inventory and meet daily needs.

This revival in demand comes despite the closure of roadside tea stalls, and with few sweets shops, hotels and restaurants getting back to business.

The demand resurgence has come as a relief for sugar mills, which were struggling to pay cane dues to farmers. With the minimum selling price (MSP) of sugar fixed at Rs 31 a kg, at least 10 per cent lower than

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