Wholesale sugar prices have seen a significant 15% fall due to recent government import decisions. Traders are optimistic about further reductions as fresh supplies are set to arrive shortly. However, consumers will not notice a drop in retail prices just yet as old inventory needs to be sold off first.

Retail sugar prices are expected to decrease soon as speculative stocking eases. The industry body attributes recent price hikes to speculation and weather-related production…

The government's efforts to bring down sugar prices ahead of the Indian festival season is yielding results. But concerns remain on price volatility