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India keeps July 2026 sugar allocation at 22 lakh tonnes as retail prices climb

AI Market Summary
India kept July domestic sugar allocation at last year's level despite rising retail and wholesale prices, while cumulative 2025–26 quotas are running ~3% below last season and exports remain banned through Sep 30. With output only roughly matching consumption and policy prioritizing domestic supply and ethanol diversion, export availability looks constrained, tightening the global balance and supporting sugar prices in the near term.
Impact level
● Medium
Affected assets
NCCOSUGAR2USD/USDT+0.43%
AI Insight · NCCOSUGAR2USD/USDTAI Insight
▲ Bullish
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India’s government kept the July 2026 domestic sugar allocation unchanged at 22 lakh tonnes, matching a year earlier. Cumulative quotas for the 2025-26 season are about 3% lower year on year, and sugar exports have been fully banned from May 13 through Sept. 30. Uttar Pradesh’s July allotment fell 9%, while Maharashtra and Karnataka saw increases of 8.5% and 31%. Retail prices in the Delhi-NCR region have risen to about ₹50/kg and the all-India average stood at ₹47/kg on June 30, according to Consumer Affairs Ministry data.
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