SUGAR/ETHANOL NEWS #MarketWatch

According to officials familiar with the discussions, the proposal comes amid rising production costs, higher cane prices, and the need to ensure timely payments to farmers. The hike, if approved, would mark one of the largest MSP revisions in recent years for the sugar industry.

According to market participants, informal syndicates are allegedly playing a role by controlling supply flows and influencing wholesale prices. Traders claim that stocks are being released selectively, creating artificial shortages and driving prices higher.