Sugar mills want a higher minimum price.
• Sugar mills aim to raise minimum selling price from ₹31 to ₹39 per kg.
• Retail price of sugar has remained stable for the past two years.
• Fair and remunerative price (FRP) paid to farmers and conversion costs have increased.
• Production cost is nearly ₹41 per kg.
• Ethanol price has not been revised for sugar mill supplies.
• Cane payment arrears for farmers reached ₹13,850 crore as of February 6, 2025.
• Government export permit aids mills.
• Almost 75% of sugar sold in local market is bought by institutional buyers.