Indian sugar export is eroded and the cause "red form"

India, the second largest sugar producer in the world, sees a decrease in the production of expectations due to the spread of disease and the dryness of the weather, which affected crops last year, and reduced the stock to factories. According to the average of six estimates of a poll conducted by “Bloomberg” between traders and sugar producers, the production of the 2024-2025 season, ending in September, will reach approximately 27.6 million tonnes after part of it is transferred to the production of ethanol. This production is about 4.4 million tonnes compared to last season, and less than the initial estimate of 29.3 million tonnes issued by the Indian Diabetes and Biological Productioners Association in November. Disappointing Suga sugars, saying: ‘We are in the middle of the sugarcane acceleration season, and given the current rate, I do not think that the production of sugar will reach the expected levels. Red mold disease in the state of Uttar Pradesh and drought in Maharashtra is harmful to the crops, which is a concern for factories. The level of local consumption. Reduced production, and is currently growing potatoes. The unexpected decline in production, along with the plan of Prime Minister Narendra Modi to increase the production of ethanol, may force the authorities to expand current export restrictions, which undermine the hope of industry to export about two million tonnes this season. In the season 2022-2023, India was forced to limit sugar exports through the equity system due to poor production as it allowed only 6 million tonnes. So far, the government has not announced any quantities of exports over the past season, nor exports to the current season. The government’s plan to increase the percentage of ethanol in the petrol mixture by 2026 to 20% to reduce carbon emissions is one of the reasons for continuing such restrictions. A spokesman for the Ministries of Food and Trade Industries in India did not respond to the request for comment on the case. Harvir Singh Sony, director of Greenleaf, a consulting and mediation business in New -Delhi, said that “the government’s priority encourages the production of more ethanol, which means the sugar surge for export this season will not be available.” The Indian Ministry of Agriculture said in November that the production of Sugar Cane in the 2024-2025 season would be 439.9 million tonnes, compared to 453.2 million tonnes in the previous year, but it did not issue any expectations about the production of sugar itself.