ChiniMandi, Mumbai: 19th Jan 2026
Domestic Market
Domestic sugar prices traded higher
Domestic sugar prices reported higher in today’s trading session in the major markets. As there is news of increased MSP had led to higher prices. According to market sources, the Indian government is likely to increase the minimum selling price (MSP) of sugar from the current โน31 per kg to around โน37โ38 per kg. Sources further indicate that an official notification regarding the MSP hike is expected early next week.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar was quoted in the range of โน3,900โโน4,030 per quintal, higher by Rs 20-30 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded at โน3,550โโน3,600 per quintal around higher by Rs 20 per quintal.
Ex-mill Sugar Prices as on Jan, 19 2026 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3670 to 3680 |
โน3720 to 3730 |
|
South Karnataka |
โน3825 |
โน3875 |
|
Uttar Pradesh |
ย – |
โน3900 to 4030 |
|
Gujarat |
โน3681 to 3721 |
โน3751 to 3791 |
|
Tamil Nadu |
โน3820 to 4040 |
โน4000 |
|
Madhya Pradesh |
โน3785 to 3825 |
โน3835 to 3875 |
|
Punjab |
– |
โน4040 to 4100 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 19 2026 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,252.50 |
|
Kanpur |
M/30 |
โน4,368.00 |
|
Kolhapur |
M/30 |
โน3,853.50 |
|
Kolkata |
M/30 |
โน4,252.50 |
|
Muzaffarnagar |
M/30 |
โน4,126.50 |
|
Ahmedabad |
M/30 |
โน4,032.00 |
|
Bangaluru |
M/30 |
โน4,095.00 |
|
Chennai |
M/30 |
โน4,200.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $426.70ton, whereas the New York Sugar # 11 The front month contract is trading at 14.96 c/lb. The corn futures market trades at 424-6 and the ethanol Chicago trades at 1.54000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.873 whereas USD was trading with BRL at 5.3736 Crude WTI traded at $58.96 a barrel. Sensex closed 324.17 points down at 83,246.18 whereas Nifty closed 108.85 points lower at 25,585.50.
News Round-Up
Budget 2026 should focus on incentivizing E100-ready infrastructure: GBL Executive Director Dr. Sangeeta Srivastava
Brazil 2026-27: Insight for the year ahead
Season 2025โ26: Sugar production in Maharashtra reaches 654.93 lakh quintals
Season 2025โ26: Sugar production in Maharashtra reaches 654.93 lakh quintals
