Sugar production in India, the world's second-largest producer, has seen a 10.7% year-on-year decline since the start of the current season on October 1. The delay in sugar cane crushing operations in key states like Maharashtra and Karnataka, beginning on November 1 due to disputes with farmers over prices, has contributed to the decrease in production. The lower output may impact the country's decision on export quotas and influence global sugar prices, which are currently trading near multi-year highs.

SOURCE:GOOGLE