New Delhi: The Government is keen to ensure steady sugar supplies in the country. This will ensure that sugar prices remain under check and doesn’t cause discomfort to consumers.
International sugar prices have been boiling for quite some time amid concerns of less sugar production in Thailand, India etc. There are concerns that this might have a domino impact on domestic prices as well.
The average ex-mill prices in Maharashtra (Kolhapur) and UP (Muzaffarnagar) are Rs.36.80 per kilo and Rs. 38.80 per kilo respectively as on date.
The Government last week in an unprecedent move, allowed sugar mills to sell their October quota in advance to keep prices under control.
Though full October quota for domestic sales by each sugar mill will soon be allotted by the Food Ministry, the first tranche of 13 lakh tons of sugar has been allocated to mills.
The Government also made it mandatory for sugar mills, traders, wholesalers, retailers including big chains, to immediately disclose their stock position and update it every Monday, in a move to maintain sugar prices and keep rumours and speculations regarding stock at a bay. There would be no relaxation of the same. Any sugar trader, wholesaler, retailer, big chain retailer or sugar processor holding any amount of sugar stock, has to disclose it on the sugar stock monitoring web portal.
However, traders, wholesalers etc have raised several queries about the process of declaring their sugar stocks position on the portal.
ChiniMandi spoke to senior Government officials to understand the process better. The Government has prepared a User Manual for the same, which is attached with this article for reference. Click here to read User Manual.
The sugar stocks have to be uploaded on Sugar Stock Monitoring Portal. Click here to go to portal.
Any entity will have to first declare themselves as either-
(i) Trader/ wholesaler
(ii) Retailer (one retail outlet/store)
(iii) Big Chain retailer (having more than one retail outlet/store)
(iv) Processor: In case of processor, owned units as well as sub-contractor units
After that one-time registration is required. After successful registration, an OTP would be generated. Following which the entity is required to fill in details of the location and sugar stocks etc. The User Manual has explained the whole process step-by-step in an user friendly manner.
The DFPD is also holding regular Virtual Communications with sugar association bodies, traders etc. for detailed explanation of the same. One such Virtual Communication was held on Monday, 25th September 2023.
Dear Sir
Can you explain Who is processor? Does it mean manufacturer of Sweets, Biscuits and other likewise products who uses sugar as an ingredients. Kindly help us in this regards