Wholesale prices have risen by Rs 124 per kg during the past month. From Rs 3,805 per kg on April 2, wholesale prices of sugar have risen to Rs 3,929 per kg as on May 2.
Indian mills produced 31.1 million tonnes of sugar since the current season began on October 1, a fall of 5.4 per cent year on year, as many mills closed early due to limited availability of sugar cane, a leading trade body said on Tuesday.