Export of Sugar: For the last few days, the continuous Prolonged rain (Rain Updates) has affected many crops. Also, there has been a major decline in the production of many crops. One of them is sugarcane.
This year the environment is changing, the growth of Sugarcane could not be completed due to longer rain (Rain Updates). Due to this, the production of sugarcane has decreased. This will affect the production of sugar. This year, the production of sugar in India will decrease by 20 to 25 lakh tonnes. This has resulted in a reduction in sugarcane production of 15 to 20 tonnes per hectare. Therefore, the central government has restricted the export of sugar. ABP Mazha interacted with Jayprakash Dandegaonkar, President of Sugar Federation.
The same amount of sugarcane was cultivated this year as last year. But, this year the production of sugar will decrease. Nature has changed, incessant rainfall and climate change have reduced sugarcane production. Therefore, sugar production has decreased by 15-20 tons per hectare. This may result in sugar production of 333 lakh tonnes or less. Last year the same production was 357 lakh tonnes. Even if the sugar production is reduced, the prices of sugar in the country will not be affected. There is a huge demand for sugarcane exports. However, the central government has imposed restrictions on the export of sugar. Therefore, our sugar will not be exported much. If we assume that 275 lakh tonnes of sugar is consumed in the country, 45 lakh tonnes of sugar is used for ethanol, then there is plenty of sugar in the country.
The main reason behind the decline in sugarcane production
The major reason for the change in nature was the constant rain, which caused water to accumulate in the fields. As a result, the growth of sugarcane has decreased, resulting in a decrease in yield per acre. This is the first time the research is going on.
Impact on sugar in the international market
International market prices have increased significantly since last three months. Sugar has never received such a price, Brazil will start production from March. Assuming that production, it is clear that there is no shortage of sugar globally. So the price of sugar will not increase much.
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