Daily Sugar Market Update By Vizzie – 24/01/2026

ChiniMandi, Mumbai: 24th Jan 2026

Domestic Market
Domestic sugar prices continue to trade stable

Domestic sugar prices remained stable across major markets, supported by expectations that the Government of India may soon increase the Minimum Selling Price (MSP). Market sources indicate the MSP could be raised from the current ₹31/kg to around ₹37–38/kg, which is helping prices hold firm in key trading centres which is keeping prices higher.

In Muzaffarnagar (Uttar Pradesh), M-grade sugar was quoted in the range of ₹3,980–₹4,100 per quintal, steady compared to the previous session. Meanwhile, in Kolhapur (Maharashtra), S-grade sugar traded at ₹3,600–₹3,660 per quintal, steady compared to last session.

Ex-mill Sugar Prices as on Jan, 24 2026 : 

State

S/30 

[Rates per Quintal] 

M/30

[Rates per Quintal] 

Maharashtra

₹3710 to 3720

₹3760 to 3770

South Karnataka

₹4000

₹4050

Uttar Pradesh

  –

₹3980 to 4100

Gujarat

₹3711 to 3771

₹3781 to 3841

Tamil Nadu

₹3940 to 4000

₹4050

Madhya Pradesh

₹3840 to 3850

₹3900 to 3905

Punjab

₹4040 to 4150

(All the above rates are excluding GST)

Destination-wise Spot Prices as on Jan, 24 2026 : 

City 

Grade 

Rate 

Delhi

M/30

₹4,284.00

Kanpur

M/30

₹4,389.00

Kolhapur

M/30

₹3,906.00

Kolkata

M/30

₹4,305.00

Muzaffarnagar

M/30

₹4,200.00

Ahmedabad

M/30

₹4,074.00

Bangaluru

M/30

₹4,116.00

Chennai

M/30

₹4,252.50

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