No Ethanol Link, Decline in Sugarcane Production and Stockpiling Driving up Sugar Price: Experts
9 Articles
9 Articles
No ethanol link, decline in sugarcane production and stockpiling driving up sugar price: Experts
Sugar prices have surged to ₹75-80 per kg in Chhatrapati Sambhajinagar amid falling sugarcane production and heavy stockpiling by traders. Experts said the rise is driven by lower cane output, shorter crushing seasons and stockpiling, rather than diversion of sugar for ethanol production.
Sugar Price Rise: CPI(M) Blames Ethanol Policy Ahead
BHOPAL, (Economy india): The Communist Party of India (Marxist) has criticised the BJP-led central government over the recent rise in sugar prices, alleging that the diversion of sugarcane towards ethanol production has reduced sugar availability and increased the burden on consumers. The CPI(M) said the price rise could make the upcoming Raksha Bandhan festival, to be celebrated on August 28, “less sweet” for families. The party has demanded th…
India sugar import brazil shipment price fall stock limit 2026 Amidst rising sugar prices, shipments from Brazil may provide relief. Meanwhile, the government's crackdown on hoarding is showing its effect, with mill prices falling by up to five rupees per kilogram. All eyes are now on how quickly imported sugar reaches the market and whether this will provide significant relief to the public from high prices.
Sugar prices have suddenly gone beyond Rs 70 on the eve of the festive season. Amidst the ongoing debate over whether the government's ethanol-blended petrol policy is responsible for the sudden bitterness of sugar, the Cooperation Minister has suggested a drastic solution.
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