India Sugar
Down in UP on low demand at higher rates; steady in Maharashtra
This story was originally published at 19:32 IST on 11 February 2026
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By Taniva Singha Roy
MUMBAI – Ex-mill prices of sugar in the key markets of Uttar Pradesh fell Wednesday due to subdued demand at higher price levels, traders said. Mills in Maharashtra kept prices steady, they said.
Some mills in Uttar Pradesh cut prices by INR 15-INR 20 per 100 kg due to sluggish demand at higher rates, said Naresh Gupta, a trader from north India. Traders in the resales market of the state also cut prices by INR 5-INR 10 per 100 kg as demand was need-based, Gupta said.
However, prices are expected to rise in the coming days due to demand during Ramzan and Holi, he said. Sugar production in Uttar Pradesh in 2025-26 (Oct-Sept) is going to be lower than estimated due to low sugarcane output which will cap the fall in prices, Gupta added.
Mills in Maharashtra kept prices steady due to sluggish demand, said Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association. Prices fell by INR 10 per 100 kg from the previous day. In the coming days, prices are most likely to remain range-bound or rise by INR 5-INR 10 per 100 kg, Kuvadia said.
Following are the highlights of sugar prices in the domestic market:
--Down INR 15-INR 20 at INR 3,890-INR 4,110 per 100 kg in west Uttar Pradesh
--Down INR 15-INR 20 at INR 3,905-INR 4,100 per 100 kg in central Uttar Pradesh
--Flat at INR 3,872-INR 4,012 per 100 kg in Mumbai
--Flat at INR 3,820-INR 3,860 per 100 kg in Kolhapur
At 1807 IST, the price of sugar on the Intercontinental Exchange fell over 2% to 13.91 cents per pound due to ample availability of the sweetener globally. The outlook for higher sugar production in Thailand and Brazil is bearish for prices. End
US$1 = INR 90.70
Edited by Ashish Shirke
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