Sugar production may decline due to El Nino, government may increase export ban
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what happens el nino
If understood in simple language, the temperature becomes warmer due to El Nino. On the other hand, due to La Nina, the temperature cools down. El Niño is the name given to the climate effect of the presence of unusually warm water in the Pacific Ocean. During El Niño, surface waters in the central and eastern equatorial Pacific Ocean are unusually warm. The delay in shipments from India could lead to a jump in global sugar prices.
El Nino Effect: Shortage of coffee, chocolate, sugar and orange juice… El Nino increased the tension of the whole world
Decline in sugar production
According to a senior government official, the weather is a major negative factor. Last year, there was a decline in sugar production despite good monsoon rains. With El Nino this year, we cannot afford to allow sugar exports too soon. El Nino weather pattern, which has led to the worst drought India has faced during the last seven decades. There may be problems this year as well.
According to another government official, in any given sugar season, it takes at least a few months to get a clear report about production. In such a situation, he will wait till he has a completely clear picture about the production. As far as exports are concerned, we will not do it in any hurry.
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