India's sugar closing stock sufficient for late-2025 demand: NFCSF

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India's sugar closing stock sufficient for late-2025 demand: NFCSF - Business Standard

Quick Summary:

India's sugar closing stock is projected at 4.8-5 million tonne, enough to meet domestic demand in October-November 2025, despite falling production in the current 2024-25 season, the National Federation of Cooperative Sugar Factories (NFCSF) said on Thursday.

Sugar output declined 18.38 per cent to 25.74 million tonne till May 15 of the 2024-25 season, compared with 31.54 million tonne in the year-ago period, the cooperative body said.

NFCSF projects overall 2024-25 season sugar production at 26.11 million tonne, down from 31.9 million tonne in the previous season.