ChiniMandi, Mumbai: 18th Feb 2026
Domestic Market
Domestic prices traded steady to weak
Domestic sugar prices were reported steady to slightly weak in today’s session. Prices saw a decline of Rs 10-20 per quintal in Maharashtra and Karnataka, while in Uttar Pradesh, prices remained stable. As news of the sugar MSP is fading, prices have remained in a broader range over the last 10-12 trading sessions.
However, with the forecast of above normal temperatures by IMD is likely to keep overall demand stronger.
In North India, the Muzaffarnagar market witnessed a balanced spot scenario, with M-grade sugar quoted at ₹4,040–₹4,150 per quintal, unchanged from the previous session. Similarly, in Kolhapur—a key benchmark market—S-grade sugar traded steady at ₹3,700–₹3,750 per quintal.
Ex-mill Sugar Prices as on Feb, 18 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 4150 |
|
Gujarat |
₹3791 to 3811 |
₹3831 to 3881 |
|
Tamil Nadu |
₹3940 to 4150 |
₹4150 to 4200 |
|
Madhya Pradesh |
₹3910 to 3950 |
₹3980 to 4050 |
|
Punjab |
– |
₹4090 to 4151 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Feb, 18 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,357.50 |
|
Kanpur |
M/30 |
₹4,399.50 |
|
Kolhapur |
M/30 |
₹4,000.50 |
|
Kolkata |
M/30 |
₹4,378.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,200.00 |
|
Bangaluru |
M/30 |
₹4,168.50 |
|
Chennai |
M/30 |
₹4,368.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $403.50 ton, whereas the New York Sugar # 11 The front month contract is trading at 13.98 c/lb. The corn futures market trades at 427-6 and the ethanol Chicago trades at 1.64000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.670 whereas USD was trading with BRL at 5.2229 Crude WTI traded at $63.94 a barrel. Sensex closed 283.28 points up at 83,734.25 whereas Nifty closed 93.95 points higher at 25,819.20
News Round-Up
Sugar season 2025–26: Farmers in Maharashtra await Rs 4,601 crore dues
Sugar season 2025–26: Farmers in Maharashtra await Rs 4,601 crore dues
AI push aims to extend sugar mills’ operations to 250 Days: Harshvardhan Patil
AI push aims to extend sugar mills’ operations to 250 Days: Harshvardhan Patil
Shivraj Singh Chouhan targets UPA over sugar policy and MSP decisions
Shivraj Singh Chouhan targets UPA over sugar policy and MSP decisions
