ChiniMandi, Mumbai: 16th Mar 2026
Domestic Market
Domestic prices reported stable
Domestic sugar prices remained steady across major spot markets today. According to market sources, despite a lower monthly release quota, buying interest remained subdued, which continued to weigh on prices.
In North India, M-grade sugar in Muzaffarnagar was quoted at ₹4,020–₹4,100 per quintal, unchanged from the previous session. In western India, S-grade sugar in Kolhapur was quoted at ₹3,690–₹3,730 per quintal, with the market remaining supported by limited buying activity.
Ex-mill Sugar Prices as on Mar, 16 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 |
– |
₹4020 to 4100 |
|
Gujarat |
₹3801 to 3821 |
₹3871 to 3900 |
|
Tamil Nadu |
₹3920 to 4125 |
₹3985 to 4150 |
|
Madhya Pradesh |
₹3890 to 3940 |
₹3960 to 4010 |
|
Punjab |
– |
₹4100 to 4151 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Mar, 16 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,326.00 |
|
Kanpur |
M/30 |
₹4,336.50 |
|
Kolhapur |
M/30 |
₹4,000.50 |
|
Kolkata |
M/30 |
₹4,284.00 |
|
Muzaffarnagar |
M/30 |
₹4,231.50 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,221.00 |
|
Chennai |
M/30 |
₹4,462.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $412-50 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.23 c/lb. The corn futures market trades at 462-4 and the ethanol Chicago trades at 1.87500s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 92.438 whereas USD was trading with BRL at 5.2830 Crude WTI traded at $93.88 a barrel. Sensex closed 1470.50 points up at 75502.85 whereas Nifty closed 488.05 points higher at 23408.80
News Round-Up
GEMA writes to Government urging to explore ethanol cookstoves as complement to LPG in India
GEMA writes to Government urging to explore ethanol cookstoves as complement to LPG in India
SED Secures Repeat Order from Dalmia Bharat Sugar to Boost Energy Efficiency at Jawaharpur Plant
SED Secures Repeat Order from Dalmia Bharat Sugar to Boost Energy Efficiency at Jawaharpur Plant
Bihar: Investors inspect closed Marhaura sugar mill as revival plans move ahead
Bihar: Investors inspect closed Marhaura sugar mill as revival plans move ahead
