Sugar prices have surged notably, straining household budgets throughout India. This dramatic increase is attributed to lower domestic production coupled with heightened festive demand. Although government actions, such as permitting duty-free imports and implementing stock limits, have helped reduce mill gate prices, retail prices still soar as adjustments trickle through the supply chain. Looking ahead, improving future crushing seasons and imports should enhance sugar availability.from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/hN2tRZI
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