India’s retail sugar price rises for a second day to Rs 65.05 per kg on August 26 on festive demand
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India's retail sugar prices rose for a second day on festive demand, even as ex-mill prices have dropped ~18–20% after the government permitted 1 million tonnes of raw sugar imports, imposed stock limits, and maintained an export ban. The lag between lower mill prices and still-high retail pricing suggests near-term consumer inflation pressure while policy actions aim to cap wholesale tightness amid adequate stocks and reduced production estimates.
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India’s average retail sugar price rose for a second straight day, reaching Rs 65.05 per kg on August 26 amid stronger festive demand. Retail prices remain elevated even after ex-mill rates fell nearly 20% following the government’s decision to allow imports of 10 lakh tonnes of raw sugar and steps to curb speculation and hoarding. The average retail price is 34% above Rs 48.68 per kg a month ago and 41% higher than Rs 46.27 per kg a year earlier, according to the Department of Consumer Affairs’ Price Monitoring Division. Food Secretary Sanjeev Chopra said ex-mill prices had declined 18% to Rs 55 per kg.
