India Sugar
Up in Uttar Pradesh; seen rising more in short term
This story was originally published at 18:19 IST on 19 February 2026
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By Taniva Singha Roy
MUMBAI – Ex-mill prices of sugar rose in Uttar Pradesh on Thursday, but remained steady in Maharashtra, traders said. Prices are likely to rise further in Uttar Pradesh in the coming days due to demand for Holi, they said.
Some mills in Uttar Pradesh raised sugar prices by INR 10-INR 15 per 100 kg, Naresh Gupta, a trader from north India, said. There was good demand at higher rates on Thursday, so there is a possibility that prices can rise further, Gupta said.
Demand is also likely to improve again at the end of the month due to the Holi festival in the first week of March, he said. In addition, sugar production in Uttar Pradesh in 2025-26 (Oct-Sept) is expected to be lower than earlier estimates due to lower sugarcane output, which could support prices. Of the 120 mills that are in operation in the state, nine have stopped crushing activities as of Saturday, compared with two a year ago, according to the National Federation of Cooperative Sugar Factories.
Sugar prices in Maharashtra remained steady, said Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association. Prices are likely to remain at current levels in Maharashtra in the short term, Kuvadia said.
The following are the highlights of sugar prices in the domestic market:
--Up INR 10-INR 15 at INR 3,900-INR 4,045 per 100 kg in west Uttar Pradesh
--UP INR 10-INR 15 at INR 3,900-INR 4,065 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 1800 IST, sugar prices on the Intercontinental Exchange were steady at 14.09 cents per pound. End
US$1 = INR 90.67
IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT
Edited by Saji George Titus
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