date:Dec 20, 2012
SMA is expecting a total sugarcane production of 140 million tonne, of which 85-86 million tonne would be available to the sugar industry, at about 61% drawl.
The UP state government has declared an all-time high SAP for sugarcane, which is Rs 40/qtl higher than last year. With 17% hike in SAP over last year, the cane prices offered by sugar mills i.e. the SAP are more lucrative than the prices offered by the local sweeteners.
However, even though the UP mills could have a better capacity uti