Sugar Output Jumps 8%, but cane arrears mounting
Updated: February 6, 2019 07:35 PM IST
The higher production in the current marketing year as compared to last year is because the mills had started crushing earlier this year than the previous season, ISMA said. Considering the pace of crushing in the remaining three peak months of current 2018-19 season and if current average all India domestic ex- mill price remains at around Rs 29-30 per kilos, millers might not be able to clear the dues on time." says ISMA.
