Daily Sugar Market Update By Vizzie – 21/02/2026

ChiniMandi, Mumbai: 21st Feb 2026

Domestic Market
Domestic prices were reported stable to weak

Domestic sugar prices were largely steady to slightly weak in today’s session. In Uttar Pradesh, prices declined by ₹5–20 per quintal, while markets in Maharashtra and Karnataka remained mostly stable. With the impact of the sugar MSP news gradually fading, prices have been moving within a broader range over the past 11–15 trading sessions, and further downside appears limited. In addition, India’s sugar output outlook has turned lower, mainly due to reduced production expectations from Maharashtra and Karnataka. Meanwhile, the IMD’s forecast of above-normal temperatures is expected to support consumption demand.

In North India, M-grade sugar in the Muzaffarnagar market was in the range of ₹4,035–₹4,130 per quintal. In Kolhapur, S-grade sugar traded in the range of ₹3,690–₹3,740 per quintal.

Ex-mill Sugar Prices as on Feb, 21 2026 : 

State

S/30 

[Rates per Quintal] 

M/30

[Rates per Quintal] 

Maharashtra

₹3700 to 3720

₹3800 to 3820

South Karnataka

₹4100 to 4125

₹4150 to 4175

Uttar Pradesh

  –

₹4035 to 4130

Gujarat

₹3781 to 3801

₹3821 to 3871

Tamil Nadu

₹3950 to 4100

₹4150

Madhya Pradesh

₹3900 to 3950

₹3970 to 4050

Punjab

₹4090 to 4151

(All the above rates are excluding GST)

Destination-wise Spot Prices as on Feb, 21 2026 : 

City 

Grade 

Rate 

Delhi

M/30

₹4,357.50

Kanpur

M/30

₹4,389.00

Kolhapur

M/30

₹4,000.50

Kolkata

M/30

₹4,378.50

Muzaffarnagar

M/30

₹4,252.50

Ahmedabad

M/30

₹4,200.00

Bangaluru

M/30

₹4,158.00

Chennai

M/30

₹4,357.50

News Round-Up

US ‘considering’ limited strike on Iran

US ‘considering’ limited strike on Iran

Sugar prices rally after US Supreme Court rejects Trump tariffs

Sugar prices rally after US Supreme Court rejects Trump tariffs

Sugar Commissioner directs mills not to block third ratoon registration

Sugar Commissioner directs mills not to block third ratoon registration

 

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