India: Maharashtra cane crushing season to be delayed

 

Pune: Maharashtra’s 2019-20 sugarcane crushing season is expected to be delayed by more than a month till mid-November, but this is not likely to impact sugar prices owing to ample sugar stocks in the country.

Taking a decision on when to start operations of sugar mills will be on the priority list of the new government that comes to power in the state by October-end.

“We expect the crushing season to now begin only after Diwali (which falls on October 27 this year),” said Sanjay Khatal, managing director, Maharashtra State Co-operative Sugar Factories Federation. “A committee of ministers takes a call on when to begin the crushing season. This can now happen only when the new government comes to power in the state after the assembly election.”

Link: https://economictimes.indiatimes.com/markets/commodities/news/maharashtra-cane-crushing-season-to-be-delayed/articleshow/71487094.cms

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