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1st Advance Estimates of Sugar Production for 2024-25 Sugar Season: Ample Sugar Availability Expected

On July 30, 2024, ISMA released its preliminary estimates for the 2024-25 sugar season, forecasting a gross sugar production of 333 lakh tons. This estimate was based on satellite imagery from the third week of June 2024 and field reports, assuming normal monsoon conditions.

Updated on: 6 November, 2024 12:29 PM IST By: KJ Staff
Sugar (Representational Image Source: Pexels)

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

 

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

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