ChiniMandi, Mumbai: 04th Mar 2026
Domestic Market
Domestic prices remain steady
Domestic sugar prices traded steady across major spot markets in today’s session. Trading activity remained subdued due to the Holi festival, according to market participants. The firmness in prices is primarily supported by expectations of lower domestic production, which continue to underpin overall market sentiment. Additionally, the lower monthly release quota has lent further support across key trading centers.
In North India, M-grade sugar in Muzaffarnagar was quoted at ₹4,030–₹4,140 per quintal, unchanged from the previous session. Meanwhile, in western India, S-grade sugar prices in Kolhapur were reported at ₹3,720–₹3,740 per quintal, supported by healthy buying interest.
Ex-mill Sugar Prices as on Mar, 04 2026 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3720 to 3740 |
₹3820 to 3840 |
|
South Karnataka |
₹4100 to 4125 |
₹4150 to 4175 |
|
Uttar Pradesh |
– |
₹4030 to 4140 |
|
Gujarat |
₹3811 to 3831 |
₹3851 to 3901 |
|
Tamil Nadu |
₹3975 to 4150 |
₹4040 to 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 Mar, 04 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,389.00 |
|
Kolhapur |
M/30 |
₹4,021.50 |
|
Kolkata |
M/30 |
₹4,357.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
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 $413.50 ton, whereas the New York Sugar # 11 The front month contract is trading at 13.87 c/lb. The corn futures market trades at 434-2 and the ethanol Chicago trades at 1.78000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 92.170 whereas USD was trading with BRL at 5.2448 Crude WTI traded at $74.78 a barrel. Sensex closed 1,122.66 points down at 79,116.19 whereas Nifty closed 385.20 points lower at 24,480.50.
News Round-Up
Season 2025–26 : Maharashtra sugar production reaches 950.31 lakh quintals; 113 mills close
Season 2025–26 : Maharashtra sugar production reaches 950.31 lakh quintals; 113 mills close
War disruptions abroad may keep sugar prices stable at home
Sugar season 2025–26: Farmers in Maharashtra await Rs 4,898 crore dues
Sugar season 2025–26: Farmers in Maharashtra await Rs 4,898 crore dues
