India's Sugar Output Forecast to Fall 11% This Season, Government Says

The Indian government has projected an 11% decline in domestic sugar production for the current season. Officials attributed the drop to factors such as adverse weather and lower cane yields, not to the diversion of sugarcane toward ethanol production. The government explicitly ruled out ethanol diversion as a cause of any potential impact on sugar prices. Authorities sought to reassure consumers and the industry that the shift toward ethanol blending has not disrupted sugar availability or pricing.