As part of the regular monitoring process, a follow-up satellite imagery was taken in the third week of October 2024, and the findings were reviewed during the Executive Committee meeting held on November 5, 2024. The crop condition in key sugarcane-producing states appears to be favourable, with field reports in alignment with the satellite imagery.
As a result, ISMA is now releasing its first advance estimate for the 2024-25 sugar season, maintaining the same gross production figure of 333 lakh tons (before diversion) as indicated in the preliminary estimate. The details are provided in the table below:
(Figures in Lac tons)
|
S. No |
States |
2023-24 (P) |
2024-25 1st Advance estimates (November’24) |
|
1 |
Maharashtra |
118.48 |
111.02 |
|
2 |
Karnataka |
58.08 |
58.07 |
|
3 |
Uttar Pradesh |
110.00 |
110.10 |
|
4 |
Others |
54.08 |
53.81 |
|
5 |
Gross Total (estimated) |
340.64 |
333.00
|
|
6 |
Estimated diversion towards ethanol |
21 |
|
|
7 |
Net sugar production |
319.64 |
|
The ample availability of sugar, as indicated above, will not only ensure a comfortable stock for domestic consumption and support the Ethanol Blending Program (EBP), but will also create opportunities for exports. This will help maintain the financial liquidity of sugar mills, facilitating timely payments to farmers.
Projected sugar balance for 2024-25 SS
|
S.No. |
Particulars |
2024-25 (E) (Fig. in Lac tons) |
|
a |
Opening Stock as on 1st Oct’2024 |
84.79 |
|
b |
Gross production during Season (Without diversion for ethanol) |
333.00 |
|
c |
Total Availability (a+b) |
417.79 |
|
d |
Internal Consumption |
290 |
|
e |
Estimated sugar diversion towards ethanol |
40 |
|
f |
Closing Stock as on 30th Sept’2025 (c-d-e) |
87.79 |
