Sugar Prices

Sugar price spike reflects widening food-fuel demand gap: ICRIER paper

ICRIER paper calls for a flexible E20 ethanol strategy as rapid growth in fuel demand outpaces feedstock availability, increasing pressure on food and feed markets

Statsguru: Sugar tastes bitter as retail prices surge amid tighter supply

India's sugar prices have surged 39% year-on-year as lower output and rising demand narrow the trade surplus, while ethanol production diversifies beyond sugarcane

Centre releases fortnightly sugar quota for September, prices stay firm

Centre fixes a 1.3 million tonne sugar quota for September 1-15 as retail prices remain above Rs 60 per kg despite government measures to check the rise

Sugar prices remain firm across India despite govt measures to check rise

Sugar prices remained above Rs 60 per kg in most retail markets across the country on Sunday, despite several steps taken by the government to check the price rise, according to official data. The Consumer Affairs Ministry data showed that the all-India average retail price of sugar was Rs 64.24 per kg on Sunday, up 1.77 per cent from Rs 63.12 per kg a week earlier. The current price is 30 per cent higher than a month ago and 38.63 per cent higher than the same period last year. The maximum retail price recorded was Rs 74 per kg, while the minimum was Rs 40 per kg, as on August 30. City-wise, retail sugar was selling at Rs 62 per kg in Delhi, Rs 66 per kg in Mumbai, Rs 63 per kg in Chennai and Rs 68 per kg in Ranchi. Wholesale prices also stayed firm at Rs 59.73 per kg, up 31 per cent month-on-month and 38.63 per cent year-on-year. price was Rs 58.66 per kg a week ago. The elevated retail and wholesale prices come even as ex-mill rates have declined nearly 20 per cent following the

Sugar should be expensive, people above 40 should avoid it: Vijayvargiya

Amid criticism by opposition parties over rising prices of sugar ahead of festivals, Madhya Pradesh minister Kailash Vijayvargiya on Wednesday said it should in fact become very expensive, and added that people above 40 years of age should completely avoid its consumption. Ninety per cent of the people do not like sweets these days, he said, adding that he himself does not eat such items. Talking to reporters here, the BJP leader claimed that the prices of sugar were steadily falling. "Anyway, 90 per cent of people don't like sweets these days. Let me tell you, I don't eat sweets at all," he said. In a lighter vein, the Parliamentary Affairs Minister said, "I say that (sugar) should become very expensive. (Sugar) should only be available at cheap rates at government fair price shops for children...The elderly should not be given sugar at all." He said that doctors, especially Ayurvedic ones, do not consider it a good idea for people over 40 year of age to consume sugar. "If you a

Bitter harvest

The government says stocks are sufficient to meet domestic demand until the new crushing season begins in October, but the sharp price rise shows how sensitive the market has become

No shortage of sugar in India, retail prices to come down soon: ISMA

Sugar prices are expected to ease within 10 days as early crushing, duty-free imports and government measures boost supplies, while India lifts its wheat export ban

Sugar and the politics over price: Import order fuels ethanol debate

Govt's sugar import order sparks debate over ethanol diversion and exports amid a perceived supply shortage

Sugar prices soar to ₹70 per kg ahead of festive season in West Bengal

Retail sugar prices have shot up to Rs 70 per kg in Kolkata markets ahead of the festive season, traders said on Friday. Prices have surged by Rs 20 a kg in the past month alone, while the last four to five days have seen a sudden 10 per cent jump, they said. Sugar-associated products such as jaggery, batasa (sugar drop), and nakuldana are also witnessing a similar spike. The Centre on Thursday evening allowed sugar mills to import one million tonne of raw sugar, a measure last resorted to a decade ago, but its impact is yet to trickle down to retail markets, traders said. The government has also imposed a stockholding limit on bulk customers who consume more than 10 tonne of sugar a month, capping their stock at 15 days' consumption. Confederation of West Bengal Trade Association (CWBTA) president Sushil Poddar said there was no control over sugar mills, with wholesale prices already touching Rs 65 a kg. "I sold loose sugar at Rs 65 just three days ago, but today I can't sell bel

Sugar stocks fall over 7% as govt's duty-free import move sparks price woes

Dwarikesh Sugar Industries was the top laggard, falling 7.2 per cent, followed by Dalmia Bharat, which fell 6.4 per cent intra-day and Balrampur Chini Mills, which fell over 5 per cent on Friday.

Govt weighs cutting sugar import duty to curb record local prices

Officials are weighing proposals to lower or scrap the 100% tax on inbound shipments in an effort to boost local supplies

Sugar mills plan early crushing as prices rise ahead of festive demand

Sugar mills have proposed starting the 2026-27 crushing season 10-15 days early to improve festive supplies

India sugar prices hit record high on tight supplies, festival demand

Indian sugar prices hit a record high as tight supplies and rising festival demand fuel gains, raising inflation concerns and boosting sugar mill margins

Sugar price surge may hit ethanol output as mills eye better returns

Sugar prices have been rising in India because of lower production, deficient rainfall in some regions and festival-season demand

Sugar industry says recent price spike not supported by fundamentals

ISMA and NFCSF said India has adequate sugar stocks to meet domestic demand and urged traders and buyers to avoid speculative purchases and hoarding

CRISIL SME Tracker: Sugar MSMEs set for steady growth amid diversification

The government's Financial Assistance to Sugar Mills for Enhancement and Augmentation of Ethanol Production Capacity has prompted MSME sugar players to diversify into distilleries

India may export up to 800K tonnes of sugar this season, says food secy

India, the world's leading sugar producing country, may export up to 8 lakh tonnes of sugar, lower than the permitted quota of 10 lakh tonnes in the 2024-25 season ending September, a top government official said on Thursday. So far, the country has shipped 3 lakh tonnes of sugar and about 60,000 tonnes is at ports for shipment, a senior food ministry official said. Addressing a press conference, Food Secretary Sanjeev Chopra said, "We will export 8 lakh tonnes out of the total quota permitted." The food ministry has estimated a total sugar output of 26 lakh tonnes in the ongoing 2024-25 season and much of it has already been produced by mills. The country had restricted exports entirely in the previous 2023-24 season due to domestic supply concerns. In January, the exports were permitted for the current season.

Sugar mills close early, pushing up local prices amid production halts

Many Maharashtra mills are struggling to get enough sugarcane, operating at half their capacity, and will likely close for the season by the end of this month

Sugar prices hit three-year low as govt allows 1 mn tonnes of exports

Although there had been speculation for weeks that exports would be allowed, the decision surprised some traders as this season's production is expected to fall below consumption

Rs 35K crore subsidies needed to meet 2030-31 ethanol-blending target

ISMA has also called for reducing the GST on flex-fuel vehicles to 5 per cent and differential pricing on ethanol