May 23, 2025 09:42 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Trump administration bans Harvard University from enrolling international students | ED accuses Sonia Gandhi, Rahul Gandhi of cheating, money laundering in National Herald case | 'Russia, Ukraine will immediately start negotiations for ceasefire': Donald Trump after call with Putin | 'Jill and I have learned that we are strongest in the broken places': Joe Biden on cancer diagnosis | Rahul Gandhi targets Jaishankar over Op. Sindoor again, BJP says LoP speaking Pak language | Supreme Court orders SIT probe into Madhya Pradesh minister's remarks on Colonel Sofiya Qureshi | Bengaluru: Woman killed after wall collapses on her after heavy rainfall | Pak forces targeted Golden Temple after India conducted Operation Sindoor: Army | YouTuber Jyoti Malhotra, arrested for 'espionage', travelled to Pakistan ahead of Pahalgam attack | Centre picks Shashi Tharoor to head all-party delegation for 'exposing' Pak-backed terrorism globally
Sugar prices
Image Credit: Pixabay

Sugar prices to go up as demand from bulk buyers rise

| @indiablooms | Apr 08, 2022, at 07:43 am

New Delhi/IBNS: Sugar Prices in India are likely to shoot up due to bulk demand triggered by increased consumption of ice cream, cold drinks, sweets after two years of lull caused by the Covid-19 pandemic restrictions.

Exports are also expected to reach record levels, with Indian mills having already signed contracts to ship 7.2 million tonnes of sugar overseas in the 2021/22 marketing year, the ISMA estimates, Reuters reported.

Prices are also likely to go up as government has lifted restrictions on social gatherings like marriages and other functions.

In the past two years, social gatherings were organised with fewer people in attendance that hampered demand for sugar  which is usually high in the wedding season.

Local prices have been going up and likely to go up further as the demand from bulk buyers is set to jump.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Videos
FM Nirmala Sitharaman presents Budget 2025 Feb 01, 2025, at 03:45 pm
Nirmala Sitharaman on Budget 2024 Jul 23, 2024, at 09:30 pm
PM Modi on Budget 2024 Jul 23, 2024, at 09:30 pm
Close menu