Sugar ex-mill prices crash nearly 30% to ₹47 per kg
- Sugar ex-mill prices have fallen nearly 30%, from ₹67 to ₹47 per kg since August 18.
- The sharp drop follows government measures to improve sugar supplies and curb the recent price surge.
- Retail sugar prices, however, remain high as retailers continue selling older stocks bought at higher rates.
- The government’s steps include duty-free imports and allowing refiners to release sugar into the domestic market, easing supply pressures.
Source: deccanchronicle.com
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