With erratic monsoon rains and warmer winter temperatures negatively affecting sugar production, sugar prices are expected to rise in the coming months.
This year, sugar production in the country is projected to decrease by over 12 per cent, primarily due to unpredictable monsoon rainfall and warmer winters, which have resulted in an increase in pest attacks in major sugar-producing regions. With lower sugar production, prices are likely to increase.
This story is from the December 18, 2024 edition of The New Indian Express Tirupati.
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This story is from the December 18, 2024 edition of The New Indian Express Tirupati.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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