ChiniMandi, Mumbai: 14th Jan 2026
Domestic Market
Domestic sugar prices remained stable
Domestic sugar prices traded stable in today’s trading session across the major markets. Overall, the sugar market continues to face sustained downward momentum since the onset of the crushing season. The weakness is largely attributed to comfortable supply availability, as crushing operations are progressing smoothly across major producing states. At the same time, subdued demand conditions are limiting buying interest, preventing any meaningful price recovery.
Spot prices in key physical markets mirrored this cautious sentiment. In Muzaffarnagar, Uttar Pradesh, M-grade sugar was quoted in the range of ₹3,850–₹3,950 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded at ₹3,530–₹3,580 per quintal quoting steady over the last 2-3 sessions.
Ex-mill Sugar Prices as on Jan, 14 2026 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3650 to 3660 |
₹3700 to 3710 |
|
South Karnataka |
₹3800 |
₹3850 |
|
Uttar Pradesh |
– |
₹3850 to 3950 |
|
Gujarat |
₹3671 to 3701 |
₹3741 to 3771 |
|
Tamil Nadu |
₹3810 to 4040 |
₹4000 |
|
Madhya Pradesh |
₹3735 to 3815 |
₹3805 to 3915 |
|
Punjab |
– |
₹4000 to 4071 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 14 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,231.50 |
|
Kanpur |
M/30 |
₹4,315.50 |
|
Kolhapur |
M/30 |
₹3,832.50 |
|
Kolkata |
M/30 |
₹4,231.50 |
|
Muzaffarnagar |
M/30 |
₹4,079.25 |
|
Ahmedabad |
M/30 |
₹4,021.50 |
|
Bangaluru |
M/30 |
₹4,095.00 |
|
Chennai |
M/30 |
₹4,200.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $425.70 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.89 c/lb. The corn futures market trades at 423-2 and the ethanol Chicago trades at 1.54500s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.302 whereas USD was trading with BRL at 5.3728 Crude WTI traded at $61.96 a barrel. Sensex closed 244.98 points down at 83,382.71 whereas Nifty closed 66.70 points lower at 25,665.60.
News Round-Up
ISMA seeks upto Rs 20,000 crore budget support for advanced biofuels as sugar sector faces surplus, pricing stress
E20 strategy makes India a powerful example for the world in green transition: German auto major
E20 strategy makes India a powerful example for the world in green transition: German auto major
Budget 2026: ISMA’s 10 point policy proposal to transform industry to ‘BioEnergy Hub’
Budget 2026: ISMA’s 10 point policy proposal to transform industry to ‘BioEnergy Hub’
