FMCG companies are expected to hold prices through the festive season despite rising commodity costs and geopolitical disruptions. Firms have implemented modest 2-5 per cent hikes but are prioritising volume growth, consumer demand, cost optimisation and festive-season consumption over further price increases
Chhattisgarh Congress staged a statewide ‘Chini Satyagraha’ against rising sugar prices, blaming BJP governments for inflation. The party claimed sugar shortages at PDS shops were burdening families and demanded immediate restoration of supplies, warning of intensified protests if unresolved
Sugar prices remained above Rs 60 per kg in most retail markets despite government measures to curb inflation, with the all-India average rising to Rs 64.24 per kg. Retail prices are sharply higher despite declining ex-mill rates after duty-free imports
India's ex-mill sugar prices have fallen around 20 per cent amid adequate stocks, with retail prices also beginning to ease, the Consumer Affairs Ministry said. From September, fortnightly quotas and mandatory dispatch within seven days will improve supply movement and curb hoarding
Sugar prices have been steadily increasing in the international market to multi-year highs and the 15-day average price estimated by the International Sugar Organisation has been above 26 cents in recent weeks.
