August 28, 2026 5:10 PM

Sugar prices fall 20% as Centre tightens supply monitoring, introduces fortnightly quota

Ex-mill sugar prices have declined by around 20 per cent in recent days, while retail prices have also started easing, following a series of measures by the government to improve market availability and curb hoarding and speculative stocking. The government said there is no shortage of sugar in the country and that adequate stocks are available to meet domestic demand, including during the upcoming festive season. It said the recent spike in prices was primarily driven by hoarding and speculati...

August 27, 2026 2:50 PM

India’s sugar sector strengthens as production, ethanol diversification and farmer payments gain momentum

India’s sugar industry is undergoing a broad-based transformation, combining a growing sugarcane production base with ethanol diversification, stronger sugar mill finances, rising exports and improved payment capacity for farmers. While sugar prices have risen in recent weeks, the government has said the increase is largely driven by short-term supply and market factors rather than an underlying shortage of sugar in the country. India is the world’s second-largest sugarcane producer, with t...