India Considers Cutting Sugar Import Duty Amid Record Prices

The Indian government is evaluating a proposal to reduce the 100% import duty on sugar to curb record-high domestic prices as of August 17, 2026.

Rising costs have prompted sugar mills to prioritize sugar production over ethanol, leading to supply concerns and inflationary pressure on the commodity.

Sources indicate that the government may allow limited duty-free imports to stabilize the market before the upcoming festive season demand peaks.