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