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Erratic rains, warm winter hit sugar production
The New Indian Express Sambalpur
|December 18, 2024
Crunching numbers
With erratic monsoon rains and warmer winter temperatures negatively affecting sugar production, sugar prices are expected to rise in the coming months.
This year, sugar production in the country is projected to decrease by over 12 per cent, primarily due to unpredictable monsoon rainfall and warmer winters, which have resulted in an increase in pest attacks in major sugar-producing regions. With lower sugar production, prices are likely to increase.
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