India's sugar prices have surged to nearly ₹65 per kg due to increased ethanol production. The government has achieved its E20 blending target, diverting sugarcane feedstock to ethanol. To curb speculation, new stock limits from September 1 limit bulk consumers to 15 days of sugar inventory. This has raised prices ahead of the festive season.
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E20 Petrol Drives Sugar Price Hike
