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Post maintains its estimates for marketing year 2020/2021 (MY20/21) paddy area and production at 3,265 thousand hectares (THA) and 9.48 million metric tons (MMT). Despite reported droughts and floods in some parts of the country, industry sources expect higher production of the MY21/22 main wet season crop.
For Marketing Year October 2021/September 2022 (MY 2021/22), Post forecasts overall sugar production to increase to 620,000 metric tons (MT) due to favorable weather conditions.