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Sugar ex-mill prices down 18 per cent to Rs 55 per kg after government measures: Food secretary

The government had last week allowed import of 10 lakh tonnes of raw sugar under tariff rate quota till October 31, imposed stock limits on bulk consumers from September 1 to November 30, to enhance the supply of the sweetener, especially during the festive season

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Representational Image. File pic.

Representational Image. File pic.

Food Secretary Sanjeev Chopra on Tuesday said the ex-mill price of sugar has declined by 18 per cent to Rs 55 per kg, indicating that government’s measures to curb the soaring sugar prices have started yielding results, according to news agency PTI.

"Ex-mill price of sugar, which were jacked up by mills, have started cooling down. They have declined to Rs 55 per kg and will further drop in the coming days," Chopra told PTI.

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