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 โน3,880โโน3,970 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded slightly lower at โน3,555โโน3,610 per quintal, extending the gradual downward trend seen over the past few sessions.
Ex-mill Sugar Prices as on Jan, 6 2026 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3660 to 3670 |
โน3710 to 3720 |
|
South Karnataka |
โน3800 |
โน3850 |
|
Uttar Pradesh |
ย – |
โน3880 to 3970 |
|
Gujarat |
โน3691 to 3721 |
โน3761 to 3791 |
|
Tamil Nadu |
โน3850 to 4050 |
โน3900 to 4100 |
|
Madhya Pradesh |
โน3735 to 3750 |
โน3805 to 3820 |
|
Punjab |
– |
โน4030 to 4103 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 6 2026 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,263.00 |
|
Kanpur |
M/30 |
โน4,305.00 |
|
Kolhapur |
M/30 |
โน3,874.50 |
|
Kolkata |
M/30 |
โน4,263.00 |
|
Muzaffarnagar |
M/30 |
โน4,105.50 |
|
Ahmedabad |
M/30 |
โน4,042.50 |
|
Bangaluru |
M/30 |
โน4,126.50 |
|
Chennai |
M/30 |
โน4,231.50 |
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 millsโ export performance after March 31
Sugar season 2025-26: DFPD to review sugar millsโ export performance after March 31
Parag Agro expands sugar plant capacity with SED technology
Indiaโs sugar production rebounds in SSY26, but ethanol capacity struggles with demand plateau: Report
