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Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoarding
Raw sugar futures have reached their highest level since March 2025. Strong Indian import demand and Brazilian supply disruptions are driving these gains. India has opened a tax-free import quota to meet domestic needs. The government warns mills against unjustified price increases during festivals. El Niño and oil prices also influence the global sugar market.
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thehindubusinessline.com
Indian sugar mills, traders locked in ‘battle of wits’ as prices head southwards
Indian sugar mills face pressure as wholesale prices drop, but retail rates remain stable amid logistical challenges and weak demand.
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economictimes.indiatimes.com
Govt asks sugar mills to ensure adequate supplies during festivals, keep prices 'reasonable'
Indian sugar mills are asked to ensure adequate supplies for the upcoming festival season. Domestic mills are seeking to import nearly 800,000 tons of duty-free raw sugar. The…
