ChiniMandi, Mumbai: 19th Feb 2026
Domestic Market
Domestic prices traded stable
Domestic sugar prices were reported steady across the major markets. As news of the sugar MSP is fading, prices have remained in a broader range over the last 10-12 trading sessions. However, 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 тВ╣4,040тАУтВ╣4,150 per quintal, unchanged from the previous session. Similarly, in KolhapurтАФa key benchmark marketтАФS-grade sugar traded steady at тВ╣3,700тАУтВ╣3,750 per quintal.
Ex-mill Sugar Prices as on Feb, 19 2026 :┬а
|
State |
S/30┬а [Rates per Quintal]┬а |
M/30 [Rates per Quintal]┬а |
|
Maharashtra |
тВ╣3700 to 3720 |
тВ╣3800 to 3820 |
|
South Karnataka |
тВ╣4100 to 4125 |
тВ╣4150 to 4175 |
|
Uttar Pradesh |
┬а – |
тВ╣4040 to 4150 |
|
Gujarat |
тВ╣3781 to 3801 |
тВ╣3821 to 3871 |
|
Tamil Nadu |
тВ╣3940 to 4150 |
тВ╣4150 to 4200 |
|
Madhya Pradesh |
тВ╣3910 |
тВ╣3980 to 4050 |
|
Punjab |
– |
тВ╣4090 to 4151 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Feb, 19 2026 :┬а
|
City┬а |
Grade┬а |
Rate┬а |
|
Delhi |
M/30 |
тВ╣4,357.50 |
|
Kanpur |
M/30 |
тВ╣4,399.50 |
|
Kolhapur |
M/30 |
тВ╣4,000.50 |
|
Kolkata |
M/30 |
тВ╣4,378.50 |
|
Muzaffarnagar |
M/30 |
тВ╣4,263.00 |
|
Ahmedabad |
M/30 |
тВ╣4,200.00 |
|
Bangaluru |
M/30 |
тВ╣4,158.00 |
|
Chennai |
M/30 |
тВ╣4,357.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $405.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.10 c/lb. The corn futures market trades at 427-2 and the ethanol Chicago trades at 1.64250s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 91.146 whereas USD was trading with BRL at 5.2359 Crude WTI traded at $65.97 a barrel. Sensex closed 1236.11 points down at 82498.14 whereas Nifty closed 365..00 points lower at 25454.35
News Round-Up
Ethanol blending nears 20%; Maize dominates ethanol production
Ethanol blending nears 20%; Maize dominates ethanol production
Fiji government unveils plan to revive sugar industry
Rupee likely to remain at 89-90/USD by FY27-end on softer dollar, manageable CAD: CareEdge Ratings
Rupee likely to remain at 89-90/USD by FY27-end on softer dollar, manageable CAD: CareEdge Ratings
