UP says sugar stocks cover seven months as retail prices rise to Rs 55-56/kg
Uttar Pradesh says it has 28 lakh tonnes of sugar in stock, with mills expected to add 90 lakh tonnes after restarting on October 15. Retail prices rose from Rs 48/kg in July to Rs 55-56/kg in August, amid weather disruption, festive demand and bulk stocking.
What happened
Indian Sugar Mills Association (ISMA) · UP says it holds seven months of sugar stock and expects 90 lakh tonnes from mills restarting October 15. ISMA says
Key facts
- Uttar Pradesh sugar stock: 28 lakh tonnes
- Expected production after mills restart: 90 lakh tonnes
- UP monthly sugar consumption: about 4 lakh tonnes
- UP supply coverage: about 7 months
- India 2025-26 net sugar production estimate: about 279 lakh tonnes
- Projected closing stocks: about 35 lakh tonnes
- Retail sugar prices: Rs 48/kg in July to Rs 55-56/kg in August
- Retail price increase: about 16%
- Domestic output revised to around 309 lakh tonnes
- International sugar prices: $474/tonne in June to about $552/tonne in August
Why this matters
Food retailers and consumer brands should assess supply agreements and hedging options, as weather disruption, festive demand and bulk buying are increasing commodity-cost risk.