ChiniMandi, Mumbai: 05th Mar 2026
Domestic Market
Domestic prices traded weak
Domestic sugar prices traded weak across major spot markets in today’s session. After a good buy before Holi, buying was reported to be dull in today’s session. Prices witnessed a fall of Rs 10-20 per quintal across the major centers.
In North India, M-grade sugar in Muzaffarnagar was quoted at ₹4,030–₹4,120 per quintal, unchanged from the previous session. Meanwhile, in western India, S-grade sugar prices in Kolhapur were reported at ₹3,710–₹3,730 per quintal, supported by healthy buying interest.
Ex-mill Sugar Prices as on Mar, 05 2026 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3710 to 3730 |
₹3810 to 3830 |
|
South Karnataka |
₹4100 to 4125 |
₹4150 to 4175 |
|
Uttar Pradesh |
– |
₹4030 to 4120 |
|
Gujarat |
₹3811 to 3831 |
₹3851 to 3901 |
|
Tamil Nadu |
₹3975 to 4150 |
₹4040 to 4150 |
|
Madhya Pradesh |
₹3915 to 3965 |
₹3985 to 4035 |
|
Punjab |
– |
₹4090 to 4151 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Mar, 05 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,336.50 |
|
Kanpur |
M/30 |
₹4,378.50 |
|
Kolhapur |
M/30 |
₹4,011.00 |
|
Kolkata |
M/30 |
₹4,357.50 |
|
Muzaffarnagar |
M/30 |
₹4,252.50 |
|
Ahmedabad |
M/30 |
₹4,147.50 |
|
Bangaluru |
M/30 |
₹4,179.00 |
|
Chennai |
M/30 |
₹4,389.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $408.70 ton, whereas the New York Sugar # 11 The front month contract is trading at 13.71 c/lb. The corn futures market trades at 434-0 and the ethanol Chicago trades at 1.78250s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 91.631 whereas USD was trading with BRL at 5.2443 Crude WTI traded at $77.26 a barrel. Sensex closed 899.71 points up at 80,015.90 whereas Nifty closed 285.40 points higher at 24,765.90.
News Round-Up
Rupee recovers to 91.58/USD from all-time low, experts flag suspected intervention, geopolitical pressure
Rising crude prices open window for India’s ethanol sector; Industry urges push beyond E20
Rising crude prices open window for India’s ethanol sector; Industry urges push beyond E20
Sugar sector seeks state aid to clear Rs 5,000 crore FRP dues
Sugar sector seeks state aid to clear Rs 5,000 crore FRP dues
