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Indias sugar stockpile set to shrink as output estimate falls: Govt

India's sugar production estimate has fallen significantly, impacting opening stocks for the new season. This lower output is expected to meet domestic demand until fresh supplies arrive. Retail sugar prices have risen sharply due to several contributing factors. The government has allowed duty-free imports of raw sugar to address availability concerns. Diversion of sugar for ethanol production has also seen a recent decline.

22 Aug 2026 5:48 pm