Sugar Prices Rise in India: Rates Near Rs 80/Kg; Is Ethanol Really Behind the Spike? Check Key Reasons

Sugar is used every day in homes, but its impact goes beyond the price of a packet. Sweet shops, bakeries, restaurants, tea stalls, beverage companies and other food businesses also depend heavily on sugar. If their input costs increase for a longer period, some businesses could eventually pass part of the additional cost on to customers.