Sugar mills dispatches 125 LT of sugar for sale in domestic market

The sugar mills have dispatched 125 lakh tons (LT) of sugar for sale in the domestic market, during the first 6 months of current season i.e. October 01, 2013 to March 31, 2014, as per report compiled by the Indian Sugar Mills Association (ISMA). This is almost 10 LT more as compared to despatches of 115 LT during the same six month period in the last sugar season.  The slightly higher despatches are because of better lifting during the last few months after improvement in the market sentiments. About 15.4 LT of raw sugar has been produced by the sugar mills up to March 31, 2014, out of which 8.5 LT has been dispatched for export as raw sugar. It is estimated that around 14.5 LT of sugar, both as raw and white, have got exported out of the country in the first six months.   Out of the above, about 3.50 LT of sugar has got exported in the month of March, 2014 itself, which may be eligible for the incentives announced by the Government on February 28, 2014.