The Maharashtra government’s ministerial committee has given the green light for the start of the sugarcane crushing season from November 1. However, it has raised concerns that this year’s excessive rainfall may impact sugar recovery rates, reported The Hindu Business Line.
Read MoreMarkets may remain bearish until supply is rebalanced or a shock disrupts output. Producers in high‑cost regions could struggle to remain viable. Governments might be pressured to support margins via tariffs, subsidies, or export incentives. Some sugar mills may pivot more aggressively into biofuels or value‑added sugar products to manage risk. With forecasts pointing to a considerable global sugar surplus, the major takeaway is that prices are likely to stay weak—barring an unexpected supply shock or policy intervention. Recent related news
Read MoreThe sugar industry is facing a growing crisis as a significant portion of harvested cane continues to arrive at mills already burnt, jeopardizing both sugar quality and export market access. According to industry officials, more than 60% of cane supplied to mills this season has been burnt, either deliberately or due to accidental fires in the fields.
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