date:Feb 10, 2014
the sweetener and make exports less attractive for mills.
The South Asian country was earlier expected to produce 25 million tonnes of sugar in the year ending on Sept. 30, nearly 2 million tonnes more than annual domestic demand. The drop will halve surplus from this season to 1 million tonnes.
Per hectare cane yields and recovery rate are lower than industry's expectations. I don't think we can produce more than 24 million tonnes, said a senior official with a leading sugar producer, who de