Daily Sugar Market Update By Vizzie – 28/02/2026

ChiniMandi, Mumbai: 28th Feb 2026

Domestic Market
Domestic prices traded higher

Domestic sugar prices firmed up by ₹10–20 per quintal across key spot markets in today’s trading session, supported by expectations of lower domestic production. The tightening supply outlook has continued to strengthen overall market sentiment and encourage steady buying interest.

In North India, M-grade sugar in Muzaffarnagar was quoted at ₹4,030–₹4,140 per quintal, holding steady compared to the previous session despite the broader uptick in sentiment. Meanwhile, in western India, S-grade sugar prices in Kolhapur were reported at ₹3,720–₹3,740 per quintal, reflecting firm demand and good buying support at prevailing levels.

Ex-mill Sugar Prices as on Feb, 28 2026 : 

State

S/30 

[Rates per Quintal] 

M/30

[Rates per Quintal]

Maharashtra

₹3720 to 3740

₹3820 to 3840

South Karnataka

₹4100 to 4125

₹4150 to 4175

Uttar Pradesh

  –

₹4030 to 4140

Gujarat

₹3811 to 3831

₹3851 to 3901

Tamil Nadu

₹4000 to 4125

₹4150

Madhya Pradesh

₹3920 to 3970

₹3995 to 4040

Punjab

₹4090 to 4151

(All the above rates are excluding GST)

Destination-wise Spot Prices as on Feb, 28 2026 : 

City 

Grade 

Rate 

Delhi

M/30

₹4,347.00

Kanpur

M/30

₹4,389.00

Kolhapur

M/30

₹4,021.50

Kolkata

M/30

₹4,357.50

Muzaffarnagar

M/30

₹4,263.00

Ahmedabad

M/30

₹4,158.00

Bangaluru

M/30

₹4,179.00

Chennai

M/30

₹4,389.00

News Round-Up

India’s sugar output jumps 12% in 2025–26 SS despite fewer mills operating

India’s sugar output jumps 12% in 2025–26 SS despite fewer mills operating

Maharashtra: Court accepts closure report in MSCB case involving Ajit Pawar

Maharashtra: Court accepts closure report in MSCB case involving Ajit Pawar

Sugar industry crisis raised in Maharashtra Legislature

Sugar industry crisis raised in Maharashtra Legislature

 

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