The Indian Sugar & Bio-energy Manufacturers Association (ISMA) & the National Federation of Cooperative Sugar Factories Ltd. (NFCSF) has said that country’s sugar availability remains comfortable and the country has adequate sugar stocks to comfortably meet domestic consumption requirements. The Association bodies said that there is no justification for panic buying or speculative trading in the domestic sugar market.
During consultation with the Government of India, the sugar industry agreed to commence the 2026–27 sugar season at the earliest possible date, based on prevailing agro-climatic conditions. This proactive decision reflects the industry’s commitment to ensuring orderly market supplies and maintaining adequate sugar availability across the country. An early start to crushing will bring fresh sugar into the market sooner, further strengthening domestic supplies, enhancing market confidence, and dispelling any unwarranted concerns regarding sugar availability.
ISMA and NFCSF said that the industry firmly believes that the recent price movement is not supported by the underlying demand-supply fundamentals.
“Creating an impression of scarcity when sufficient stocks are available can lead to unnecessary market volatility, disrupt normal trade, and adversely affect consumers as well as downstream industries. ISMA & NFCSF, therefore, jointly appeal to all stakeholders—including traders, wholesalers, institutional buyers, retailers and market participants—to refrain from speculative buying, hoarding, or spreading misleading information regarding sugar availability. Such actions only create artificial uncertainty and are against the larger interest of consumers, farmers, and the industry,” they stated.
The Indian sugar industry remains fully committed to ensuring continuous and adequate supplies of sugar, timely availability across all regions, and maintaining market stability. The industry will continue to work closely with the Government of India to ensure that sugar remains readily available to consumers at reasonable prices while safeguarding the interests of sugarcane farmers and sugar mills.
ISMA and NFCSF have urged all stakeholders to support responsible trading practices and rely on verified information. A stable and transparent market is in the collective interest of consumers, farmers, traders, and the sugar industry alike.
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