Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoarding
- Posted on September 10, 2026
- By Business News Today
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- 1 min read
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Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoarding
Raw sugar futures have reached their highest level since March 2025. Strong Indian import demand and Brazilian supply disruptions are driving these gains. India has opened a tax-free import quota to meet domestic needs. The government warns mills against unjustified price increases during festivals. El Niño and oil prices also influence the global sugar market.
