ChiniMandi, Mumbai: 19th Jan 2026
Domestic Market
Domestic sugar prices traded higher
Domestic sugar prices reported higher in today’s trading session in the major markets. As there is news of increased MSP had led to higher prices. According to market sources, the Indian government is likely to increase the minimum selling price (MSP) of sugar from the current ₹31 per kg to around ₹37–38 per kg. Sources further indicate that an official notification regarding the MSP hike is expected early next week.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar was quoted in the range of ₹3,900–₹4,030 per quintal, higher by Rs 20-30 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded at ₹3,550–₹3,600 per quintal around higher by Rs 20 per quintal.
Ex-mill Sugar Prices as on Jan, 19 2026 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3670 to 3680 |
₹3720 to 3730 |
|
South Karnataka |
₹3825 |
₹3875 |
|
Uttar Pradesh |
– |
₹3900 to 4030 |
|
Gujarat |
₹3681 to 3721 |
₹3751 to 3791 |
|
Tamil Nadu |
₹3820 to 4040 |
₹4000 |
|
Madhya Pradesh |
₹3785 to 3825 |
₹3835 to 3875 |
|
Punjab |
– |
₹4040 to 4100 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 19 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,252.50 |
|
Kanpur |
M/30 |
₹4,368.00 |
|
Kolhapur |
M/30 |
₹3,853.50 |
|
Kolkata |
M/30 |
₹4,252.50 |
|
Muzaffarnagar |
M/30 |
₹4,126.50 |
|
Ahmedabad |
M/30 |
₹4,032.00 |
|
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 $426.70ton, whereas the New York Sugar # 11 The front month contract is trading at 14.96 c/lb. The corn futures market trades at 424-6 and the ethanol Chicago trades at 1.54000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.873 whereas USD was trading with BRL at 5.3736 Crude WTI traded at $58.96 a barrel. Sensex closed 324.17 points down at 83,246.18 whereas Nifty closed 108.85 points lower at 25,585.50.
News Round-Up
Budget 2026 should focus on incentivizing E100-ready infrastructure: GBL Executive Director Dr. Sangeeta Srivastava
Brazil 2026-27: Insight for the year ahead
Season 2025–26: Sugar production in Maharashtra reaches 654.93 lakh quintals
Season 2025–26: Sugar production in Maharashtra reaches 654.93 lakh quintals
