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Kolhapur: Festive demand pushes sugar prices higher, retail rates touch Rs 55 a kilo
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Kolhapur: Festive demand pushes sugar prices higher, retail rates touch Rs 55 a kilo
Kolhapur: Sugar mills across the country fell short of expected output in the last crushing season, driving a steady rise in sugar prices through the year. Even though the Central government has fixed a minimum sale price of Rs 3,100 per quintal, sugar has been selling well above that level all year. With the festive season now underway, demand for sugar has risen further, and thin market stocks are pushing prices up even more. Mills are current…
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