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Centre releases 1.4 mn tonnes sugar quota to cool prices ahead of Diwali | Industry News

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Home » Centre releases 1.4 mn tonnes sugar quota to cool prices ahead of Diwali | Industry News
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Centre releases 1.4 mn tonnes sugar quota to cool prices ahead of Diwali | Industry News

Business Circle TeamBy Business Circle TeamOctober 14, 2026No Comments4 Mins Read
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The Centre on Tuesday launched a quota of 1.4 million tonnes of sugar for home gross sales through the second half of October as ex-mill sugar costs have risen sharply in latest days. The allocation was introduced two days forward of schedule to make sure sufficient provides earlier than Diwali and stop additional value will increase.

 

In accordance with an order issued by the Division of Meals and Public Distribution (DFPD), the federal government allotted 1.4 million tonnes to home sugar mills for October 13-31. A further 200,000 tonnes has been allotted to sugar importers.

 

Ex-mill sugar costs have risen by almost ₹1,000 per quintal over the previous 10 days.

  

The federal government had allotted 2.65 million tonnes of sugar for September and three million tonnes for October.

 

Maharashtra, Uttar Pradesh get largest allocations

 

In accordance with the DFPD order, Maharashtra, Uttar Pradesh and Karnataka collectively have obtained 1.159 million tonnes, accounting for about 83 per cent of the 1.4 million tonnes allotted to home sugar mills.

 

Maharashtra has been allotted 476,000 tonnes, adopted by Uttar Pradesh at 451,000 tonnes and Karnataka at 232,000 tonnes.

 

Of the 587 mills coated by the allocation, 134 haven’t obtained any quota, whereas 39 have been allotted as much as 100 tonnes every. The federal government has additionally allotted 130,000 tonnes to Shree Renuka Sugars and 70,000 tonnes to Shri Dutt India for the second half of October.

 

The 2 refiners had approval to promote 265,000 tonnes of imported sugar within the home market. The federal government had allotted a complete of 300,000 tonnes to them between September 1 and October 15. Nonetheless, they offered lower than 60,000 tonnes as a result of home promoting costs didn’t make imported sugar commercially viable, the information report mentioned. 

In accordance with information from the Division of Client Affairs, the all-India common retail value of sugar stood at ₹56.67 per kg on October 13. On the wholesale stage, the all-India common sugar value stood at ₹5,254.91 per quintal on October 13.

 

Govt tightens inventory limits for sugar sellers

 

The Centre has additionally tightened stockholding guidelines for sugar sellers to curb hoarding and include retail costs through the pageant season.

 

The Division of Meals and Public Distribution issued a gazette notification final week to implement the revised limits, which can apply from October 15 to November 30, 2026. Sellers can be allowed to carry a most of 1,000 quintals of sugar, with a stockholding interval of 15 days.

 

The restrictions don’t apply to Kolkata and its prolonged metropolitan areas or to Assam.

 

In August, the federal government had set a stockholding restrict of 4,000 quintals for sugar sellers from August 1 to November 30, with a most holding interval of 30 days from the date of receipt. The restrict was subsequently decreased to 2,000 quintals from September 15.

 

Govt permits 5,841 tonnes of sugar exports to EU

 

Individually, the Directorate Basic of Overseas Commerce (DGFT) has permitted the export of 5,841 tonnes of sugar to the European Union (EU) below the tariff price quota (TRQ) scheme for 2026-27.

 

In a public discover dated October 9, the DGFT mentioned the amount could possibly be exported through the interval from October 2026 to September 2027 below the obligation concession association.

 

In one other notification, the DGFT prolonged the minimal import value (MIP) requirement for glufosinate and its salts till April 12, 2027. These substances are utilized in weed-control merchandise.

 

The DGFT has additionally amended the export coverage for ready tradition media to permit the issuance of cargo clearance and well being certificates wherever required by the importing nation.

 

Ready tradition media are nutrient-rich strong, semi-solid or liquid formulations utilized in laboratories to develop, isolate and establish microorganisms for medical, industrial and analysis functions.



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