Not sure how much of this ISMA report is accurate, looks like Maha has already crossed the 6.5M production estimate from earlier.
It’ll be difficult to expect sugar companies to manufacture & store cane juice, esp when food secretary refused any cane diversion this year 3-4 days back. I’m thinking distilleries will by & large be idle this sugar year except for some C-Heavy (which is miniscule vs total ethanol output last year) and grain prices have gone up.
Diversion can be expected only next sugar year when Govt has good handle on sugar stocks
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