#Sugar Market

🇮🇳 **Sugar Crisis in India:** Drought in leading sugarcane-producing states has led to record price hikes (+10.2%) and stock depletion to a 30-year low. 📉 **Key Facts:** • The government has imposed a ban on sugar exports. • Raw material shortage threatens the ethanol blending program. • Prices in Kolhapur have reached $49.50 per 100 kg. ⚠️ Inflation growth and shortages are expected during the festive season.