India's government attributes recent sugar price rise to lower domestic production, increased demand, hoarding, and global supply tightening, not sugarcane diversion for ethanol, citing a decline in sugar's ethanol share.
AI-generated summary
Sugar price rise in India amidst global deficit.
The government said that it is incorrect to attribute the recent price rise of sugar with sugarcane diverted for ethanol production. NEW DELHI: The Centre on Friday said it was closely monitoring the recent rise in sugar prices and rejected claims that the increase was linked to the diversion of sugarcane for ethanol production. [...] (Full article content preserved as per instructions)
AI outlook — possibilities, not facts
Sugar prices stabilize by October 2026
Likely · Within weeks
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