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India denies sugar shortage ahead of festive season

Indian Sugar Mills Association head says supply remains 'fundamentally solid' with sufficient stocks to meet demand despite seasonal consumption surge.

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David Chen · Commodities Desk · 24 Aug 2026 · 13:46 · 1 min read
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India denies sugar shortage ahead of festive season

NEW DELHI — India’s sugar supply remains adequate ahead of the peak festive season, the president of the Indian Sugar Mills Association (ISMA) said on Saturday.

Niraj Shirgaokar told Reuters that the country’s sugar supply situation is "fundamentally solid," with sufficient stocks and supplies to meet demand during the upcoming festival period. The statement comes amid concerns over potential shortages during periods of heightened consumption.

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Shirgaokar’s remarks follow recent market activity at Deendayal Port in Kandla, where workers were photographed unloading sugar shipments on April 5, 2025. The port, one of India’s key logistics hubs for agricultural commodities, plays a critical role in maintaining supply chain stability for sugar exports and domestic distribution.

The ISMA president’s reassurance follows broader industry monitoring of domestic production and stockpiles, particularly as India prepares for increased demand from October through December. India is the world’s second-largest sugar producer and exporter, and domestic consumption typically rises during festivals such as Diwali and other regional celebrations.

While global sugar prices have experienced volatility in recent months due to weather-related disruptions in key producing regions, Shirgaokar’s comments indicate confidence in India’s ability to sustain supply without significant shortfalls.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
David Chen
Commodities Desk

David reports on energy, metals and agricultural markets, tracking how supply signals and safe-haven demand move prices across the commodities complex.

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