Dubai’s Al Khaleej Sugar goals to elevate output at its sugar refinery this 12 months, its MD stated. File
| Photo Credit: The Hindu
Dubai’s Al Khaleej Sugar goals to elevate output at its sugar refinery this 12 months, with competitors from India curtailed by dangerous climate within the South Asian nation, its MD stated on Tuesday.
Jamal Al Ghurair stated on the sidelines of the annual Dubai sugar convention that its refinery at Jebel Ali in Dubai was working at 40% capability final 12 months with output of about 6,00,000 metric tons, however was aiming if doable to provide as much as 1.5 million tons this 12 months. The refinery’s regular capability is 1.5 million tons though it could produce extra refined sugar if demand is powerful. In 2017 it produced a file 1.87 million tons.
Mr. Al Ghurair stated India had stopped exporting due to dangerous climate and this had created extra demand, not less than quickly.
The International Sugar Organization final month forecast that Indian sugar output would fall to 31.7 million tons in 2023/24.
