Brief by Shorts91 Newsdesk / 05:07am on 20 Aug 2026,Thursday Business
Sugar prices across major Indian cities have surged nearly 20% since August 7, rising from Rs 52 to around Rs 62 per kg in 12 days amid record-low stock concerns and the approaching festive season. Analysts expect prices to rise further, increasing pressure on the government over domestic supplies and pricing. Lower production, permitted sugar exports and diversion of sugarcane-based feedstock to ethanol have contributed to the increase. The government has assured adequate sugar availability and imposed nationwide stockholding limits on dealers until November 30, 2026. Closing stocks for the October 2025-September 2026 season are projected at just 32 lakh metric tonnes, below the required 60 LMT and last season’s 47 LMT. (PC: New Indian Express)
