Despite Duty-Free Imports, Sugar Prices To Remain Elevated

Despite Duty-free Imports, Sugar Prices To Remain Elevated

“Domestic sugar prices are to correct from recent record highs, but remain healthy, supported by tight inventory conditions and rising cane procurement costs. Policy measures, such as potential restrictions on sugar diversion to ethanol, will be a key variable for sugar prices after crushing begins October”, says Khushbu Lakhotia, Director, Corporate Ratings, Ind-Ra

Sugar prices to ease within 7 days; ethanol not behind rise: ISMA

ISMA said India does not face a shortage of sugar and that the current stock position remains comfortable.

Behind Sugar Shock: Not Ethanol, But Over-Estimation Led To 16% Price Rise

In November 2025, the government allowed sugar mills to export 15 lakh tonnes. Now, India has allowed 10 lakh tonnes of raw sugar to enter duty-free.

India Sugar Update: Government Approves 10 Lakh Tonnes Duty Free Import Amid Price Hike

The festive season in India is approaching, but it brings with it a wave of concern regarding the rising prices of essential commodities, specifically sugar. Over the past month, the retail and wholesale markets have witnessed a significant surge in sugar prices, which have climbed by approximately 24 percent. Currently, consumers are seeing prices ranging between 56 and 60 rupees per kilogram. In a decisive move to stabilize the market and prot…