
Retail sugar prices in India continue to hover above ₹60 per kilogram, marking a 30% increase over the past month despite various government measures to curb the rise.
Market data indicates that supply-side constraints and high demand have neutralized the impact of recent price-control pushes, leaving consumers facing sustained inflationary pressure.
In response, farmers in states like Karnataka are seeking official permission to divert jaggery production units toward ethanol manufacturing to stabilize local market dynamics and improve profit margins.