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Post raised the forecast for India’s centrifugal sugar production in marketing year (MY) 2024/2025 (October-September) to 35.5 million metric tons (MMT), due to adequate rainfall from the 2024 southwest monsoon.
With the outlook for the sugar industry largely unchanged from the previous report, no significant changes are made to the supply and demand tables.
India’s centrifugal sugar production in marketing year (MY) 2024/2025 (October-September) is forecast to reach 34.5 million metric tons (MMT), equivalent to 33 MMT of crystal white sugar.
Due to a slight increase in cane area and production, sugar production in 2024/25 is forecast to reach 6.8 million tons, 3 percent higher than 2023/24. In line with population growth and demand from the food processing sector, continued moderate growth in sugar consumption is forecast.
The Democratic Socialist Republic of Sri Lanka’s (Sri Lanka) Ministry of Health extended the implementation effective date of the Food (Color Coding for Sugar Levels-Liquids) Regulations (2022) from January 1, 2024 to January 1, 2025.