Sugar prices have risen sharply in recent weeks, but the government on Friday ruled out ethanol production as the reason for the increase, attributing the rise to lower-than-expected domestic output, festive-season demand, weather-related crop damage, tightening global supplies and speculation and hoarding.
Sugar prices have increased in recent weeks, from ₹48.18 per kg on 20 July 2026 to ₹55.70 per kg on 20 August 2026. The Government is closely monitoring the situation and has taken a series of measures to ensure adequate availability of sugar and stable prices for consumers, said Ministry of Consumer Affairs, Food & Public Distribution.
