NEW DELHI, 17/01/2017: A view of the sugar market at Khari Baoli in New Delhi. Sugar prices are ruling at a seven year highs on production shortfall in the key producing States of Maharashtra and Karnataka. Successive droughts in the past two years had led to a drop in cane acreage in these States. Photo: Kamal Narang | Photo Credit: KAMAL NARANG Indian sugar stocks fell in early trade on Monday (October 19, 2026), after the government directed oil marketing companies to reduce sugar diversion for ethanol production to zero for the 2026/27 supply year.The latest ethanol tender excludes supplies produced from sugarcane juice, sugar syrup and B-heavy molasses, cutting off an important higher-margin outlet for sugar mills. Balrampur Chini Mills, EID Parry, Triveni Industries, Bajaj Hindusthan Sugar, Shree Renuka and Dhampur Sugar fell between 2% and 6% in morning trade. Published - October 19, 2026 11:03 am IST
India sugar stocks slide as government halts sugarcane-based ethanol diversion
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