More Stories

Informist, Friday, Jun. 12, 2026

 

--Renuka Sugars' Chaturvedi: Price of sugarcane based ethanol should rise 

--Renuka Sugars' Chaturvedi: Sugar prices at INR 39-INR 40 per kg in 2025-26 

--Sugar federation Naikavare: Uttar Pradesh sugar output seen dn in 2026-27 

--CONTEXT: Sugar federation MD Naiknavare speaks at bioenergy event 

 

MUMBAI – Ethanol prices need to be raised for sugar mills to continue diverting sugarcane-based feedstocks to produce ethanol, as sugar prices are likely to remain high this year, Atul Chaturvedi, executive chairman of Shree Renuka Sugars Ltd., said at the Sugar – Ethanol & Bioenergy India Conference here Friday. For the sugar season ending September and for the 2026-27 season, concerns about the emerging El Nino weather pattern are likely to keep sugar prices high, he said.  

 

Sugar prices are seen to be at INR 39-INR 40 per kg in 2025-26, Chaturvedi said. With El Nino in sight, the sugarcane crop is probably going to be less this year. "If sugar prices were in that range, I don't think anybody would be interested in making ethanol. So you probably only have ethanol being made out of molasses, and that is peanuts," Chaturvedi said.

 

Ethanol prices have not been raised for the past four years, but ethanol production capacity has been created, which is almost double the allocation, Prakash Naiknavare, managing director at the National Federation of Cooperative Sugar Factories Ltd., said. He added that Uttar Pradesh's sugar output is seen lower on year in the 2026-27 season. This could keep prices high and discourage diversion of sugarcane feedstock to produce ethanol.

 

For the ethanol supply year 2025–26 (Nov-Oct), prices for ethanol produced from sugarcane-based feedstock have remained unchanged at INR 57.97-INR 65.61 per litre, depending on feedstock variety.

 

Naiknavare added that a dual sugar pricing policy is required to provide the sweetener at different price points for domestic and industrial consumption. He pointed out that 60–70% of sugar goes towards industrial use, but the price for both industrial and household categories is the same. This, he said, benefits the industrial users, to the detriment of sugar mills and household buyers.  End

 

Reported by Taniva Singha Roy and J. Navya Sruthi 

 

Edited by Rajeev Pai

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.