MONTHLY SUGAR RUSH: NOV HIGHLIGHTS

The November 2024 sugar report highlights a notable decline in production compared to the previous year, driven by delayed crushing in key regions and reduced sucrose recovery in Uttar Pradesh due to poor crop health. Increased diversion of sucrose toward ethanol production has further impacted sugar availability. Crop diseases and red rot  issues in Uttar Pradesh have lowered yields, while extended growing time in Maharashtra and Karnataka may slightly improve output. Domestic sugar prices have weakened due to higher supply, while government quota releases remain limited. Cross-border trade restrictions are adding to market challenges, with demand and supply imbalances persisting.DIVE DEEP INTO THE REPORT TO UNCOVER DETAILED INSIGHTS, PRODUCTION TRENDS, MARKET DYNAMICS AND FUTURE PROJECTION!