Global market: Haryana’s Sugar Mill Eyes with Ambitious Export Plans
Reaction from the field
The Chaudhary Devi Lal Cooperative Sugar Mill in Haryana is poised to make a significant impact on the global market by exporting sugar to African countries during the 2025–26 crushing season. This strategic move not only reflects the mill’s ambition but also underscores the growing demand for high-quality sugar produced in Haryana, which has garnered attention in international markets.
The Haryana government has authorized the mill to export approximately 16,500 quintals of sugar, a decision that could pave the way for further export opportunities. The mill’s production capabilities are noteworthy; it crushed 22.08 lakh quintals of sugarcane, yielding about 1.86 lakh quintals of sugar in the current season. This production level indicates a robust operational capacity that can meet both domestic and international demands.
In addition to the sugar exports, the mill has successfully sold around 10,000 quintals of bagasse at a competitive price of Rs 316 per quintal, setting a record among cooperative mills in the state. The remaining sugar stock will be strategically divided between exports and sales in local markets, ensuring that the mill maximizes its revenue streams.
Officials have expressed optimism about entering the global market, noting that this move is likely to open up further export opportunities in the future. The target price for sugar exports is set around Rs 4,000 per quintal, which aligns with the pricing strategies seen in the domestic market, where sugar is currently sold between Rs 3,900 and Rs 4,000 per quintal.
The implications of this export initiative extend beyond the mill itself. It reflects a broader trend within the agricultural sector in Haryana, where quality production is increasingly recognized on a global scale. As the mill prepares to issue tenders for export through the sugar federation, it signals a proactive approach to capitalize on international demand.
However, the global market landscape is not without its challenges. The ongoing geopolitical tensions, particularly the war in Iran, have raised concerns about potential disruptions in the global economy. As Fatih Birol, the head of the International Energy Agency, noted, the war poses a “major, major threat” to the global economy, with no country being immune to its effects. This backdrop of uncertainty could influence market dynamics, including the sugar trade.
As the Chaudhary Devi Lal Cooperative Sugar Mill embarks on this new venture, the success of its export plans will depend on various factors, including international market conditions and the ongoing geopolitical climate. Details remain unconfirmed regarding how these external factors might impact the mill’s operations and profitability in the coming months.
