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CNBC TV18

India doubles sugar stockholding limit for bulk users to 30 days ahead of festive season

AI Market Summary
India doubled bulk consumer sugar stockholding to 30 days, but incremental inventory must come from pre-authorised or quota-based imports, while open-market purchases remain capped at 15 days. The policy aims to secure festive-season supply and limit domestic supply tightness, alongside stricter dealer limits and mandatory weekly stock disclosures. With retail prices down ~10% y/y and ex-mill prices down ~25%, the focus is on improving pass-through and reducing hoarding risk.
Impact level
● Low
Affected assets
NCCOSUGAR2USD/USDT-0.48%
AI Insight · NCCOSUGAR2USD/USDTAI Insight
● Neutral
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India has raised the sugar stockholding limit for bulk consumers to 30 days from 15 days, but any additional stock must come from imported sugar under the Advance Authorisation Scheme or Tariff Rate Quota. Sugar bought from the open market remains capped at 15 days’ consumption. In August, retail sugar prices fell about 10% year on year to ₹58.50 per kg, while ex-mill prices dropped nearly 25%. The change is aimed at ensuring festive-season supply and keeping prices in check.
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