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Sugaronline South Asia Sugar & Ethanol Report, Sugaronline Regional Reports

Sugaronline India report – India’s unrelenting cane price populism

By Prerna Sharma Singh

13th October 2022

Steadily increasing cane prices with no connection to sugar prices will continue to be a major concern for the Indian sugar mills.

After the recent hike in the fair and remunerative price (FRP) by the federal government to INR305 a quintal, the Indian state of Punjab has raised the state advised price (SAP) of cane to a whopping INR380 a quintal for the current sugar season. The official reason given is that mills have excess cane crushing

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