ChiniMandi, Mumbai: 27th Feb 2026
Domestic Market
Domestic prices traded steady
Domestic sugar prices traded steady across major spot markets in today’s session. Firmness in prices is mainly attributed to expectations of lower domestic production, which continue to lend support to market sentiment.
In North India, the M-grade sugar market in Muzaffarnagar was quoted in the range of ₹4,030–₹4,130 per quintal, stable compared to the previous session. In western India, S-grade sugar prices in Kolhapur were reported at ₹3,700–₹3,730 per quintal, reflecting good buying support.
Ex-mill Sugar Prices as on Feb, 27 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 |
– |
₹4030 to 4130 |
|
Gujarat |
₹3811 to 3831 |
₹3851 to 3901 |
|
Tamil Nadu |
₹4000 to 4125 |
₹4150 |
|
Madhya Pradesh |
₹3920 to 3970 |
₹3995 to 4040 |
|
Punjab |
– |
₹4090 to 4151 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Feb, 27 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,389.00 |
|
Kolhapur |
M/30 |
₹4,000.50 |
|
Kolkata |
M/30 |
₹4,357.50 |
|
Muzaffarnagar |
M/30 |
₹4,252.50 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,168.50 |
|
Chennai |
M/30 |
₹4,368.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $407.00 ton, whereas the New York Sugar # 11 The front month contract is trading at 13.88 c/lb. The corn futures market trades at 436-0 and the ethanol Chicago trades at 1.79000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 91.044 whereas USD was trading with BRL at 5.1465 Crude WTI traded at $66.81 a barrel. Sensex closed 961.42 points down at 81,287.19 whereas Nifty closed 317.90 points lower at 25,178.65
News Round-Up
Centre approves seven sugarcane varieties for Uttar Pradesh
Maharashtra allows sugar mills to develop by-product projects under Bot, Boot model
Maharashtra allows sugar mills to develop by-product projects under Bot, Boot model
