Currently ex-mill sugar prices remain stable ranging between Rs 3,880 to Rs 3,920 per quintal: NFCSF
The National Federation of Cooperative Sugar Factories (NFCSF) reports stable ex-mill sugar prices between ₹3,880–₹3,920 per quintal and a projected closing stock of 48.65 LMT for 2024–25—enough to meet domestic needs through November 2025. The 2025–26 season is expected to see a production rebound to 350 LMT, driven by favorable monsoons and expanded cane cultivation.
The current ex-mill sugar prices remain stable, and a healthy balance sheet can be observed, according to the National Federation of Cooperative Sugar Factories (NFCSF).
In a release, the NFCSF stated: “As per current projections, the closing stock of sugar at the end of Sugar Season 2024–25 is estimated at approximately 48.65 Lakh Metric Tonnes (LMTs). This stock level is considered adequate to meet domestic consumption requirements for the crucial months of October and November 2025, ensuring price stability and uninterrupted supply.”
“Currently, Ex-mill sugar prices remain stable ranging between ₹3,880 to ₹3,920 per quintal. This stability is supported by lower net production, strong market demand, and timely Government interventions—notably, the strategic allowance of limited sugar exports and controlled release of monthly domestic quotas, which have effectively balanced supply in the domestic market, ” the release further added.
“Looking ahead, the 2025–26 sugar season is expected to witness a strong recovery in production, with estimated gross output of approximately 350 LMTs. This
anticipated rebound is attributed to favourable monsoon conditions and increased cane cultivation in key producing states such as Maharashtra and Karnataka. Add to this GOI’s timely announcement of increased FRP has helped farmers to go in for cane cultivation” Said Harshvardhan Patil, President of the National Federation of Cooperative Sugar Factories (NFCSF).
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Source : Chinimandi
