COMMODITY
No shortage of sugar in India; prices in retail market likely to come down: ISMA
Aug-25-2026

Sugar industry’s apex body -- Indian Sugar Mills Association (ISMA) has asserted that there is no shortage of sugar in India and prices in the retail market are expected to come down. ISMA President Niraj Shirgaokar said the prices have risen due to various factors, including speculative buying by traders and bulk consumers as well as lower production because of the bad weather conditions.

The ISMA president also categorically said that mills were not involved in creating artificial scarcity and jacking up the ex-mill prices. He said the prices have started to ease following the government’s decision to allow duty-free imports of 1 million tonnes of raw sugar. He noted “India does not have a sugar shortage.”

He said the closing stock of sugar at the end of September would be 35 lakh tonnes. Moreover, the ISMA president said that the mills would start operations by around October 15 and produce around 10-12 lakh tonnes in the month of October. He added that the demand for the month of October would be 24-25 lakh tonnes.

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