More Stories

Informist, Tuesday, Sept. 16, 2025

By Taniva Singha Roy

MUMBAI – Ex-mill prices of sugar were steady in key markets on Tuesday, said traders. Demand is likely to improve in the coming days owing to the festival season starting at the end of September, they said.

Mills in Uttar Pradesh kept prices steady, but the resales market in the state increased prices by INR 20-INR 25 per 100 kg on anticipation of firm demand during the next few days, said Naresh Gupta, a trader from north India. Mills are likely to increase prices in the coming days, Gupta said.

After the release of the sales quota for September, prices had fallen by about INR 40-INR 50 per 100 kg. The government has set the domestic sugar sales quota for September at 2.35 million tonnes, unchanged from a year ago but over 4% more than 2.25 million tonnes in August. The quota for September was higher than market expectations of 2.2-2.3 million tonnes.

In Maharashtra too, sweetener prices were steady as mills are waiting for some retail sales to happen at the current price levels, said Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association. Demand for festivals, from bulk consumers of sugar such as confectioneries, will only pick up from Sept. 25, due to Navaratri festival, Kuvadia added.

--Flat at INR 3,890-INR 4,010 per 100 kg in western Uttar Pradesh

--Flat at INR 3,890-INR 4,010 per 100 kg in central Uttar Pradesh

--Flat at INR 4,050-INR 4,172 per 100 kg in Mumbai

--Flat at INR 3,900-INR 3,960 per 100 kg in Kolhapur

At 2004 IST, sugar prices on the Intercontinental Exchange were down nearly 1% at 15.88 cents per pound. The Indian Sugar and Bio-energy Manufacturers Association has urged the government to allow exports of 2 million tonnes of sugar in the 2025-26 season beginning in October. Prospects of higher availability of sugar are a bearish factor for global sugar prices.  End

US$1 = INR 88.05

Edited by Deepshikha Bhardwaj

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

Informist Media Tel +91 (22) 6985-4000 

Send comments to feedback@informistmedia.com

© Informist Media Pvt. Ltd. 2025. All rights reserved.