New Delhi, May 16 -- India will close the current sugar marketing season with a closing stock of around 52-53 lakh tonnes, believed to be a comfortable buffer, and it will ensure that the country has a sufficient supply to meet its demand, Indian Sugar and Bio-Energy Manufacturers Association (ISMA) said on Friday.

Sugar marketing season in India runs from October to September.

The 2024-25 season commenced with an opening stock of 80 lakh tonnes. Considering the projected domestic consumption of 280 lakh tonnes and export estimates of upto 9 lakh tonnes, the closing stock is likely to be around 52-53 lakh tonnes, according to the industry body ISMA.

The 2024-25 sugar season is projected to conclude with a net sugar production of approx...