Govt sets sugar sales quota for June at 2.3 mln tn, down nearly 10% on year
This story was originally published at 17:40 IST on 28 May 2025
Register to read our real-time news.Informist, Wednesday, May 28, 2025
--Govt sets sugar sales quota for Jun at 2.30 mln tn vs 2.55 mln tn year ago
--CONTEXT: Govt had set sugar sales quota for May at 2.35 mln tn
NEW DELHI – The Centre has set the domestic sugar sales quota for June at 2.30 million tonnes, the Department of Food and Public Distribution said in a post on the social media platform X on Wednesday. The quota for June is down 2.1% from 2.35 million tonnes in May and nearly 10% from 2.55 million tonnes in June last year.
The government has set the sales quota for June in line with the market expectation of 2.25-2.30 million tonnes. Market foresees demand for sugar as subdued in the coming month amid the monsoon. With temperatures dropping amid heavy rains, demand for ice-creams and soft drinks typically ebbs. If the quota is 2.25-2.30 million tonnes, sugar prices will fall by INR 20-INR 30 per 100 kg," Mukesh Kuvadia, secretary, Bombay Sugar Merchants Association, told Informist earlier.
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. A lower quota restricts mills from selling the sugar they have produced.
The sugar sector is navigating complex market fundamentals this season--high inventories, a shortfall in production, and a slowdown in demand.
As of May 15, India produced 25.7 million tonnes of sugar in the ongoing 2024-25 (Oct-Sept) sugar season, according to the Indian Sugar and Bio-Energy Manufacturers Association. For the entire season, the association has projected the sugar output at around 26.2 million tonnes. Last year, the country's sugar output was 31.90 million tonnes. End
Reported by Afra Abubacker
Edited by Saji George Titus
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 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
