Two Sugar Producers Raise Their Sugar Price 14.4% After the Agriculture Ministry Sets a 93,500 to 107,000 Toman Guide Range

Marvdasht Sugar (GMRO) and Shekar (SHKR) each filed a tier-A disclosure on Codal, published on 9 November 2026 (18 Aban 1405), announcing a change in the selling price of white sugar. The permission came from the Commerce Development Deputy of the Agriculture Ministry, and it rests on a guide price range of 93,500 to 107,000 tomans per kilogram of white sugar (VAT included) for offers on the Bazargah platform.

The stated reasons are higher transport and processing costs for domestic sugar beet since Ordibehesht and a rise in the world price of raw sugar, based on a report by the Agricultural Planning, Economics and Rural Development Research Institute. Both companies list the previous price as 850,000 and the new price as 972,730 as printed in the form, equal to 85,000 and 97,273 tomans per kilogram; that is a 14.4% increase, and the new price sits inside the guide range. White sugar made up 90% of GMRO's revenue and 75% of SHKR's in the previous fiscal year.