In a notification issued on November 28, the food ministry has allocated 24 LMT monthly sugar quota for December 2023 to 562 mills which is 2 LMT higher than the quantity allocated in December 2022 (22 LMT).
In the last month i.e. in November 2023 the allocated sugar quota for domestic sale was 23 LMT along with quota extension of first tranche to November 30, 2023.
According to market experts, the sugarcane crushing season is in full swing in the new sugar season of 2023-24 with UP, Maharashtra, Karnataka etc. picking up sugar production operations. It will help to maintain sugar availability in the market. As the festival season is over, and also prices are cooling off, 24 LMT quota is likely to pressurize the sugar prices in the near term.
As per notification, “Opening stock as on 01-12-2023 Plus (+) Production during the month of December, 2023 till 31-12-2023 minus not exceeding the quantity as mentioned in column (4) of the notification against respective sugar mill.”
The group sugar producing companies having more than one sugar producing units may maintain the stock as defined in Para (1) of this Order, either unit-wise or for the group as a whole.
The sugar-mill wise Maximum quantity of white/refined sugar for domestic sale and dispatch during the month of December, 2023 as given in notification of the table, has been
worked out on the basis of average of last three years stock position as on 30th November (2020, 2021, 2022).
All Sugar mills are informed that all sugar mills have to register and fill online P-Il on National Single Window System (NSWS) portal (https://www.nsws.gov.in). If the sugar mill
does not fill online information on NSWS portal for the month of November, 2023 by 10th December, 2023, domestic quota for January, 2024 will not be released to the mills. All the
sugar mills/distilleries are informed that information relating to ethanol production from B- Heavy, Sugar Syrup, Sugarcane Juice shall also be filled on NSWS portal in the P-ll form
itself.
Any violation of this order would attract the penal provisions under the Essential Commodities Act, 1955, as amended from time to time.
