Talking stock: Will sugar turn sweeter in coming year as supply stabilises?

itemscope itemtype="http://schema.org/WebSite"> Talking stock: Will sugar turn sweeter in coming year as supply stabilises? | Agriculture - Best Freelancing Services

Business Agriculture, Sugar exports, sugar industry, Sugarcane bestfreelancingservices.in 24 September 2024 0 Comments

Talking stock: Will sugar turn sweeter in coming year as supply stabilises? | Agriculture

6 min read Last Updated : Sep 24 2024 | 11:08 PM IST

After months of uncertainty, the sugar sector is once again looking up. Thanks to a revision in the production estimates in the current season and a positive outlook for the forthcoming one that will start in October, the sugar supply situation looks comfortable.

Trade and market sources say Sugar Year (SY) 2023-24 will end this month with closing stocks of 8-9 million tonnes, which would be significantly higher than the 2022-23 season’s closing stocks of 5.7 million tonnes.

As a result, the country will start the 2024-25 sugar season with nearly 58 per cent more stocks than last year,

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Tag Agriculture Sugar exports sugar industry Sugarcane

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