Sugar price: trouble even on sorbet-shikanji, sugar prices increased in the beginning of summer – know sugar price today sugar price increased 6 percent in two weeks

According to the report, the profitability of companies in this sector can improve due to the rise in sugar prices. These include companies like Dhampur, Renuka Sugar, Balrampur Chini, Dalmia Bharat and Dwarikesh. With this, these companies will be able to pay the dues of the farmers on time.

Estimated cut in sugar production

According to the report, the sugar production estimate of Maharashtra has been cut. There is a revised estimate of 10.5 million tonnes of sugar production in the state during the sugar year 2022-23 ending September 30. Earlier the total sugar production in the state was estimated at 13.7 million tonnes.

Sugar demand increases in summer

The demand for sugar increases every year in summer. In this season, the era of sherbet and shikanji continues in every house. Guests are also offered lassi or sherbet instead of tea. These days the consumption of cold drinks also increases. There is a lot of sugar used in this too. Moreover, sugar consumption is usually high during the wedding season as well.

Sugar export has also been allowed

The Government of India has allowed its export to give relief to the sugar mills. But only 6.1 million tonnes of sugar is allowed to be exported this season. Earlier, the export of this 11 million tonnes of sugar was allowed last year. Apart from this, it is said that smuggling of sugar in some neighboring countries is also talked about occasionally. Although this is denied at the official level.