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Indian sugar 2019-20

The table below rounds up forecasts for Indian sugar production and exports for 2019-20.

 

However, while giving a good indication of market thinking, caution should be maintained in comparing data, which often vary in the type of sugar measured (eg in raw or white sugar terms).

 

The default marketing year for India is October-to-September.

 

Estimates for 2018-19 can be found by clicking here.

 

 

Forecasts for India sugar production and exports, 2019-20
Cane area
Cane output
Sugar output
Sugar consumption
Sugar exports
Carryout stocks
Date
ISO 27.42 25.098 7.245 14.678 February 25 2021
Fitch Solutions 29.0 December 15 2020
USDA 28.9 27.0 5.8 14.614 November 23 2020
Foresight 27.4 5.8 November 18 2020
ISO 27.4 24.297 5.8 17.447 November 17 2020
USDA attaché 4.85 34.2 28.9 27.0 5.8 14.614 November 15 2020
ISO 27.175 24.297 5.8 17.091 September 1 2020
USDA Wasde 28.9 28.9 27.00 5.0 16.014 August 12 2020
Rabobank down "3.4% YoY" June 30 2020
Indian Sugar Mills Association 4.841
27.2 25.0 5.2 11.5 June 25 2020
Rabobank "over 5" June 24 2020
Fitch Solutions 29.3 June 10 2020
Tereos 27.1 June 3 2020
ISO 26.8 26.4 5.04 14.5 May 29 2020
Czarnikow 26.8 May 21 2020
USDA attaché 5.25
370.0 28.9 27.0 5.0 16.014 May 20 2020
Czarnikow 26.5 April 3 2020
Green Pool 27.4 March 24 2020
National Federation of Cooperative Sugar Factories 4.5 March 23 2020
BTG Pactual 26.5 March 20 2020
ISO 26.8 26.4 5 13.96 February 28 2020
Fitch Solutions 29.3 28.4 February 27 2020
Indian Sugar Mills Association 26.5 5 February 25 2020
Green Pool 27 February 25 2020
Indian Sugar Mills Association 26 "more than 5m" February 18 2020
Green Pool 28.3 January 2020
ISO 28.3 26.4 5.9 14.269 November 26 2019
Goldman Sachs 26.9 November 26 2019
USDA Wasde 29.3 29.3 28.5 5.0 14.91 November 21 2019
Marex Spectron poll 27.2 3.9 November 20 2019
Rabobank 26.5 November 20 2019
Indian Sugar Mills Association 4.831 26.0 November 5 2019
INTL FCStone 26.9 October 31 2019
Indian food ministry 28-29 October 124 2019
USDA attache 5.25 370.0 29.3 5.0 14.914 October 10 2019
LMC International 26-27 September 26 2019
Indian agriculture ministry -4.83% year on year 377.77 September 24 2019
Marex Spectron 27 4.5 September 23 2019
Group Sopex 26.5 September 18 2019
National Federation of Cooperative Sugar Factories 26.3 September 12 2019
ISO 28.3 6.25 14.954 September 2 2019
ICRA 28.2 August 29 2019
Green Pool 28.3 +2.1* July 29 2019
Western India Sugar Mills Association 27 July 9 2019
Indian Sugar Mills Association 4.931 28.2 July 1 2019
Rabobank 31.8 June 24 2019
Indian Sugar Mills Association "about 30" June 10 2019
SocGen 3.0-4.0 June 4 2019
Fitch Solutions 31.7 May 29 2019
USDA 4.65 355.0 30.305 3.5 16.889 May 23 2019
Sucden 27-28 May 15 2019
Datagro 29.1 May 15 2019
S&P Global Platts 28.4 May 14 2019
FO Licht 29.4 May 8 2019
USDA attache 4.65 355.0 30.305 3.5 May 7 2019
FO Licht 32.0 3.5 April 8 2019
Sucden 26-27 March 13 2019
Reuters poll 29.5 February 11 2019
Green Pool 29.5 January 29 2019
JP Morgan 31.406 January 28 2019
National Federation of Cooperative Sugar Factories 28-29 December 12 2018
National Federation of Cooperative Sugar Factories 29.2 October 17 2018
ADM Investor Services 31 October 11 2018

All data in million tonnes, except cane area in million hectares

*= change in stocks over season, rather than absolute stocks number

 

 

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