More Stories

Informist, Wednesday, Jan. 29, 2025

 

--Govt: Feb sugar sales quota at 2.25 mln tn, unch from Jan

--Govt: Feb sugar sales quota at 2.25 mln tn vs 2.3 mln tn year ago

 

NEW DELHI – The Centre has set the domestic sugar sales quota for February at 2.25 million tonnes, the Department of Food and Public Distribution said in a post on social media platform X Wednesday. The quota for the upcoming month is unchanged from last month, but down 2.2% on year from 2.30 million tonnes last February.

 

The government fixes the maximum quantity of sugar available for sale every month to support prices and help mills clear the arrears of sugarcane farmers. The government sets monthly sales quotas for each sugar mill. A lower quota restricts mills from selling the sugar they have produced.

 

Sugar production in 2024-25 (Oct-Sep) is estimated to fall 17% on year to 26.5 million tonnes, from 31.9 million tonnes last year, according to the All India Sugar Trade Association. Sugar output is projected to fall due to a decline in sugarcane yields in major producers--Uttar Pradesh, Maharashtra, and Karnataka.  End

 

Reported by Afra Abubacker

Edited by Tanima Banerjee

 

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.

 

, Informist Media Tel +91 (22) 6985-4000 /+91 (11) 4220-1000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.