Sugar prices up 6-7% over June amid below-normal rainfall

Sugar prices have increased six to seven percent over June. This rise occurred as below-normal rainfall raised concerns about crop output. Demand also climbed with the end of the Hindu month of Adhik Maas. Ex-mill sugar prices in Maharashtra have increased to about forty-one point five rupees per kilogram. Recent rainfall is expected to provide relief to the standing sugarcane crop.

Raccontata daeconomictimes.indiatimes.com