Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters 0/2000
TMI Blog
Home / TMI Blogs / RSS

Sugar prices rise by nearly Re 1 per kg to about Rs 64

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ugar prices rise by nearly Re 1 per kg to about Rs 64<BR>Customs & Trade<BR>Dated:- 25-8-2026<BR>PTI<BR>New Delhi, Aug 25 (PTI) Sugar continued its upward march, rising by about Re 1 per kg to nearly Rs 64 on Tuesday in the retail market as recent government measures to curtail the surge take effect. On Monday, the average price was Rs 63.05 per kg. As per the data compiled by the Departmen....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....t of Consumer Affairs (Price Monitoring Division), the all-India average rate of sugar stood at Rs 63.97 per kg on August 25, a 31 per cent increase from Rs 48.81 per kg a month back. The average rate is 38 per cent higher than the year-ago level, when sugar was available at Rs 46.31 per kg. The data showed that the maximum selling price on Monday was Rs 76 per kg, while the modal rate was R....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s 65 per kg. The government and sugar industry bodies said ex-mill rates have fallen in the past few days. However, the impact is yet to be seen at the retail level. Retail prices have risen sharply in the last one month, hurting the interests of poor and middle-class people. The wholesale price of sugar stands at Rs 59.23 per kg on Monday against Rs 45.35 per kg a month ago and Rs 43.01 ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....per kg a year ago, data showed. Earlier on Monday, Food Secretary Sanjeev Chopra said the ex-mill price of sugar has declined by 18 per cent to Rs 55 per kg since the government's decision to allow imports and clamp down on speculation and hoarding of the sweetener. Ex-mill prices of sugar had shot up to a record Rs 67 per kg last week, a spike Chopra attributed to mills "jacking up" rates. ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... "Ex-mill prices of sugar, which were jacked up by mills, have started cooling down. They have declined to Rs 55 per kg and will further drop in the coming days," Chopra told PTI. The jump in prices, he said, was not rooted in fundamentals, as the country has ample sugar stocks despite production for the 2025-26 marketing year (October-September). To control prices, the Centre has recently....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... allowed imports of 10 lakh tonnes of raw sugar by October 31. It has imposed stock holding limits on dealers as well as bulk consumers like beverage makers. Exports were already banned a few months back. According to the Indian Sugar and Bio-Energy Manufacturers Association (ISMA), India's net sugar production (after diversion to ethanol) is estimated at around 279 lakh tonnes in the 2025-26 m....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....arketing year (October-September), while the opening stock was 50 lakh tonnes. The annual domestic demand is projected at 280-285 lakh tonnes, while the country exported 8 lakh tonnes of sweetener before the government imposed a ban. ISMA has projected the closing stock at 35 lakh tonnes at the end of September. The association noted that 30 lakh tonnes of sugar is estimated to be diverte....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d in the current marketing year from the gross sugar output of 309 lakh tonnes. ISMA initially estimated that the country's gross sugar output would be 345 lakh tonnes for the 2025-26 marketing year, but later revised downwards as sugarcane crops were affected by bad weather and pests. PTI MJH MJH BAL BAL =============<BR> News - Press release - PIB....