Economy
Sugar Prices Surge Across India Amid Supply and Policy Concerns
The Hindu3h
THE BRIEF
1
Retail and wholesale sugar prices have spiked by approximately 40% to 50% compared to last year, with prices exceeding ₹65 per kilogram in eight states including Odisha, Punjab, and Madhya Pradesh.
2
As of August 23, 2026, Odisha recorded the highest price at ₹67.4 per kg, a significant increase from ₹46.89 on the same date in 2025 and ₹55 just one week prior.
3
The Union Commerce Ministry has authorized the import of 10 lakh tonnes of sugar until October 31, 2026, to address domestic shortages caused by weather damage, festive demand, and ethanol production diversion.