Sugar prices cooled 18% by August 25, 2026 after reaching unprecedented levels the previous week, with ex-mill rates falling to Rs 55 per kilogram. Government interventions aimed at curbing hoarding and speculation contributed to the market correction.
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Following a surge in sugar prices to unprecedented levels last week, the market is now experiencing a decline. Government interventions aimed at curbing hoarding and speculation have contributed to this stabilization. Ex-mill sugar rates have seen a substantial decrease, and additional cuts are anticipated. Although predictions for domestic sugar output are lower, current stock levels remain adequ
Celine0112: The statistics in the first Demography paragraph was updated.