India Eyes Duty-Free Sugar Imports to Tackle Record-High Prices

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India is weighing limited duty-free sugar imports along with stricter stock limits to ease pressure on domestic supplies. Wholesale sugar prices have surged nearly 20% since early August, reaching record highs. Seasonal festival demand is further straining supplies, as consumption of sweeteners typically spikes during this period each year. The government is currently evaluating multiple policy measures to stabilize market conditions.

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