Ex-mill sugar prices in the country surged by almost Rs 150-200 per quintal over the past month amid concerns over low output. But, this isn't causing major heartburn for stakeholders.
For consumers, industry players said, retail prices would remain around Rs 42 per kg for some time now, and in case of any upward movement, the Centre could release additional quotas.
As on Sunday, according to industry estimates, ex-mill sugar prices in Uttar Pradesh were around Rs 3,590-3,710 per quintal; they were Rs 3,320-3360 in Maharashtra, Rs 3,295-3,345 in Karnataka, and Rs 3340-3510 in Gujarat.
Globally, the price of white

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