Sugar prices surge nearly 40% in two months
Edited By WION Video Desk
Published: Aug 22, 2026, 11:01 IST | Updated: Aug 22, 2026, 11:01 IST
Sugar prices are at record highs across India, and the sharp rise is now forcing the government to take emergency measures. Over two months, domestic sugar prices have risen by nearly 40 percent. The government says ethanol diversion is not responsible for the spike. Instead, the center points to lower production, weather damage, festive demand, and speculation.
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