NEW DELHI, Sept 20 (Reuters) - India's sugar futures edged
up on Friday, extending gains from the previous session on
estimates that mills will export up to 3 million tonnes of the
sweetener from the new season starting on Oct. 1.
* AT 0835 GMT, the key October contract was 0.07
percent higher at 2,932 rupees per 100 kg on the National
Commodity and Derivatives Exchange.
* India's sugar output is expected to be 25 million tonnes
in the season starting October, up from a previous forecast of
23.7 million tonnes, as heavy monsoon rains have helped boost
yields of the unharvested cane crop, a leading industry body
said on Monday.
* India could export as much as 3 million tonnes of sugar in
the season beginning October to get rid of excess supply,
capitalising on rising demand from Southeast Asia, the Middle
East and Africa.
* India's carry-over stocks of sugar on Oct. 1 may jump to 8
million tonnes from 6.2 million a year earlier.
* "After a long time, there are forecasts of exports of a
substantial quantity and that has lent some support to sugar,"
said a New Delhi-based trader with the Indian unit of a global
* In 2012/13, mills could export only a small amount of
sugar due to lower global prices.
* Spot sugar was 1.65 rupees lower at 3,208.35 rupees per 100
kg at the Kolhapur market in Maharashtra state.
(Reporting by Mayank Bhardwaj; Editing by Subhranshu Sahu)