ChiniMandi, Mumbai: 6th Jan 2026
Domestic Market
Domestic sugar prices were reported steady
After a continuous fall domestic sugar prices were reported to be steady across major markets. As prices have fallen sharply since the start of the crushing season they are expected to hold at current levels in Maharashtra while Uttar Pradesh prices are expected to remain under pressure as spread is higher than the normal. Overall, the market continues to remain under pressure, extending the downward trend observed since the start of the crushing season, amid comfortable supply availability and subdued demand conditions.
Spot prices in key physical markets mirrored this subdued tone. In Muzaffarnagar, Uttar Pradesh, M-grade sugar was quoted in the range of ₹3,880–₹3,970 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded slightly lower at ₹3,555–₹3,610 per quintal, extending the gradual downward trend seen over the past few sessions.
Ex-mill Sugar Prices as on Jan, 6 2026 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3660 to 3670 |
₹3710 to 3720 |
|
South Karnataka |
₹3800 |
₹3850 |
|
Uttar Pradesh |
– |
₹3880 to 3970 |
|
Gujarat |
₹3691 to 3721 |
₹3761 to 3791 |
|
Tamil Nadu |
₹3850 to 4050 |
₹3900 to 4100 |
|
Madhya Pradesh |
₹3735 to 3750 |
₹3805 to 3820 |
|
Punjab |
– |
₹4030 to 4103 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 6 2026 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,263.00 |
|
Kanpur |
M/30 |
₹4,305.00 |
|
Kolhapur |
M/30 |
₹3,874.50 |
|
Kolkata |
M/30 |
₹4,263.00 |
|
Muzaffarnagar |
M/30 |
₹4,105.50 |
|
Ahmedabad |
M/30 |
₹4,042.50 |
|
Bangaluru |
M/30 |
₹4,126.50 |
|
Chennai |
M/30 |
₹4,231.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $422.30 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.72 c/lb. The corn futures market trades at 444-2 and the ethanol Chicago trades at 1.60000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.062 whereas USD was trading with BRL at 5.4099 Crude WTI traded at $58.61 a barrel. Sensex closed 376.28 points down at 85,063.34 whereas Nifty closed 71.60 points lower at 26,178.70.
News Round-Up
Sugar season 2025-26: DFPD to review sugar mills’ export performance after March 31
Sugar season 2025-26: DFPD to review sugar mills’ export performance after March 31
Parag Agro expands sugar plant capacity with SED technology
India’s sugar production rebounds in SSY26, but ethanol capacity struggles with demand plateau: Report
