India's sugar production has been rising in the current season as spells of adequate monsoons and high reservoir levels boosted cane availability.
While domestic consumption has stagnated in certain segments due to the Covid-19 pandemic, higher exports and increasing diversion of cane for ethanol blending are likely to keep sugar inventories in check.
Higher margins in distillery operations, including ethanol supplies, will support the profitability of domestic sugar mills and help them offset the impact of higher cane prices and lower realisations from co-generation projects.
In this context, CRISIL is organising a webinar on the sector.
The webinar will include a presentation by CRISIL's experts on the following aspects:
Demand-supply dynamics in the global and domestic sugar sectors
Profitability trends
Credit outlook for both, integrated and non-integrated sugar mills
This will be followed by a panel discussion with senior industry leaders, and a Q&A session.
Disclaimer: This event and its content are intellectual property and confidential information of CRISIL. Any use of the same without written permission of CRISIL is illegal and hence punishable. Recording the webinar in any form in full or part or copying, altering, distributing or streaming the webinar is strictly prohibited and violation will attract legal action.
