Indias OctDec Sugar Output Drops 76 YY (1)

1. India's Oct-Dec Sugar Output Drops 7.6% Y/Y According to a prominent industry association on Tuesday, Indian mills manufactured 11.21 million metric tons of sugar during October 1 and December 31, which was 7.6% less than the previous year due to lower production in major exporting states Maharashtra and Karnataka. According to a statement from the National Federation of Cooperative Sugar Factories, Karnataka's sugar production decreased 10.1% to 2.4 million tons, while Maharashtra's production decreased to 3.82 million tons from 4.74 million tons. Tradologie.com is a next-generation, globally verified, transaction-oriented SaaS platform for B2B commodity sales and procurement that connects bulk buyers and bulk sellers of commodities, primarily of branded food and agro-commodities and facilitates operations for them. Sugar producers and sugar sellers can easily get the best price on the platform if they sell sugar in bulk while buyers can buy sugar in bulk from vendors across the globe. There are no middlemen involved, and the company facilitates the entire process, which guarantees maximum profits in the shortest time-frame. Market Trends Due to early mill openings, manufacturing in the northern part of the state of Uttar Pradesh increased by 12.5% to 3.5 million tons, according to the report. Due to poor rainfall this crop year, traders and an analysis of farmers predict that India's sugar output will fall short of demand for the first time in seven years. Reduced plantings could even compel the world's second- largest producer to import sugar the following year.

2. India has made the decision to permit sugar mills to shift as much as 1.7 million tons of sugar toward the manufacturing of ethanol in an effort to minimise disruptions to New Delhi's massive biofuel initiative. India, which is extremely vulnerable to food inflation, is expected to impose a limit on sugar exports, marking the first export restriction since 2016, in light of Prime Minister Narendra Modi's upcoming election in 2019. If you are a sugar importer wishing to buy sugar in bulk or a sugar exporter willing to export bulk sugar, then Tradologie.com is the right platform for you. Tradologie.com is a SaaS platform that facilitates bulk agro-commodities trade across the globe including all varieties of rice. Through tradologie.com’s interface, buyers can avail the best qualities of agro-commodities such as rice, wheat, pulses, spices and many other commodities at negotiable rates. A seller on the platform does not need to reach out to buyers via orthodox methods such as middlemen, visiting trade shows and countries and purchase leads which yield no guaranteed results.Sellers on the platform get better access to new global buyers, increasing their overall business orders and profits, as there are no middlemen involved in the trade here The transaction oriented platform has 600,000+ verified buyers and about 70,000+ registered sellers of agro-commodities from over 150 countries. To register as a buyer, click here. To register as a seller, click here. To stay updated with the latest happenings in the agro-trade industry, follow Tradologie.com across all social media channels.