ChiniMandi, Mumbai: 09th Mar 2026
Domestic Market
Domestic prices saw mixed sentiment
Domestic sugar prices witnessed a mixed sentiment today in the major spot markets. Prices were reported higher by Rs 5-10 per quintal in Uttar Pradesh while traded lower in Maharashtra and Karnataka. As per the market sources, despite the lower monthly quota, buying interest is reported to be dull.
In North India, M-grade sugar in Muzaffarnagar was quoted at ₹4,040–₹4,120 per quintal, higher from the previous session. Meanwhile, in western India, S-grade sugar prices in Kolhapur were reported at ₹3,700–₹3,730 per quintal, supported by sluggish buying interest.
Ex-mill Sugar Prices as on Mar, 09 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 |
– |
₹4040 to 4120 |
|
Gujarat |
₹3811 to 3831 |
₹3881 to 3910 |
|
Tamil Nadu |
₹3950 to 4150 |
₹4010 to 4150 |
|
Madhya Pradesh |
₹3900 to 3980 |
₹3970 to 4050 |
|
Punjab |
– |
₹4130 to 4131 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Mar, 09 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,336.50 |
|
Kanpur |
M/30 |
₹4,378.50 |
|
Kolhapur |
M/30 |
₹4,000.50 |
|
Kolkata |
M/30 |
₹4,336.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,179.00 |
|
Chennai |
M/30 |
₹4,431.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $420.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.51 c/lb. The corn futures market trades at 451-0 and the ethanol Chicago trades at 1.88750s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 92.471 whereas USD was trading with BRL at 5.2580 Crude WTI traded at $102.50 a barrel. Sensex closed 1352.74 points down at 77,566.16 whereas Nifty closed 422.40 points lower at 24028.05.
News Round-Up
When energy security shapes the sugar economy
UP sugar season: Sugar mills to close earlier compared to last season
UP sugar season: Sugar mills to close earlier compared to last season
Crude oil spike may shift global sugar output toward ethanol, supporting domestic exports
Crude oil spike may shift global sugar output toward ethanol, supporting domestic exports
