India Sugar
Steady in key markets; may rise in Maharashtra due to festivals
This story was originally published at 21:49 IST on 24 September 2025
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By Ashutosh Pati
MUMBAI – Ex-mill prices of sugar were steady in the key markets of Uttar Pradesh and Maharashtra on Wednesday, said traders. Prices in the resale market of Uttar Pradesh rose by INR 10-INR 15 per 100 kg, Naresh Gupta, a trader from north India, said.
Prices of sugar are likely to increase by INR 20-INR 30 per 100 kg in Maharashtra in the first week of October, Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association, said. There are no chances of prices falling until Diwali due to firm demand, Kuvadia said. The sales quota of 2.4 million tonnes for October is higher than September but will put pressure on prices as there is festival demand, Kuvadia said.
The government has set the domestic sugar sales quota for October at 2.40 million tonnes, the Department of Food and Public Distribution said in a post on social media platform X on Wednesday. The quota for next month is nearly 6% lower than 2.55 million tonnes in October last year, but 2% higher than 2.35 million tonnes in September.
Following are the highlights of sugar prices in the domestic market:
--Flat at INR 3,940-INR 4,060 per 100 kg in western Uttar Pradesh
--Flat at INR 3,940-INR 4,060 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 2028 IST, sugar prices on the Intercontinental Exchange were steady 16.15 cents per pound. End
US$1 = INR 88.69
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
With inputs from Taniva Singha Roy
Edited by Ashish Shirke
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