Sugar may become cheaper in the coming days. The central government has made its import tax free. Keeping in mind the continuously rising prices of sugar, the government has taken this decision. This discount will last till 31st October. Currently, sugar is being sold in retail at around ₹ 55 per kg. Prices of food items increased after the US-Iran war. Preparation to meet the demand during the festive season. According to the government’s order, the import of this consignment of sugar will have to be completed from today till 31 October 2026. Global Market: Commodity market prices may rise in London-New York. Experts and market analysts believe that the impact of this decision of the Indian government will be visible at the international level as well. India is the world’s largest sugar consumer, so as soon as India picks up 1 million tonnes of raw sugar from the international market, its demand in the global market will suddenly increase. This will have a direct impact on the benchmark prices of sugar in the commodity exchanges of London and New York and sugar prices there may strengthen in the coming days. We are continuously updating this news…
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Sugar may become cheaper, import tax free: 40% expensive in two months, now selling around ₹ 55 per kg, effect of Iran war
