Fears that the price of sugar may go up during the festival season has been discounted by the Ministry of Supplies which announced that it had enough stock to last the two months till the new crushing season begins. The Ministry said the stock in public corporations was 103,800 bags (100 kg each) on 11 September, and the private sector had another 125,000 bags. Last year Nepal produced 129,000 tonnes of sugar while demand was for 120,000 tonnes. Despite production being higher than demand, records show that the country imported 45,000 tonnes of sugar.