Govt’s sugar export policy keeps prices stable, but ethanol woes persist: Balrampur Chini ED
Sugar prices remain stable as the government refrains from raising ethanol prices, though it has permitted a specific amount of sugar exports. Avantika Saraogi, Executive Director of Balrampur Chini Mills, India’s major sugar manufacturer, shared in an interview that the company’s proposed polylactic acid (PLA) plant in Uttar Pradesh is set to be commissioned by Q3 of the 2026-27 financial year.
Sugar prices hold strong as the Government didn’t raise ethanol prices again this year, but it allowed a certain export of sugar quantity, says Avantika Saraogi, Executive Director, Balrampur Chini Mills, one of the largest integrated sugar manufacturing companies in India. In an interview with businessline, Saraogi said the company’s proposed polylactic acid (PLA) plant in Uttar Pradesh is expected to be commissioned in the third quarter of the financial year 2026-27. Excerpts:
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Source : The Hindu Business line
