Report: Molasses Exports from India Likely to Decline by 40% in 2019-2020, an Industrial Info Market Brief

According to Cogenics, the export of Indian molasses is forecast to fall by 40% from 835,000 tons in 2018-19 to 450,000-500,000 Tons in 2019-20 due to the contrasting global and domestic prices along with the increasing demands from the local distilleries as the molasses from the sugar mills is highly being consumed by the domestic market. Industrial Info is tracking 740 projects worth $4.42 billion for the sugar industry in India. Click here for a list.