India Sugar
Down in Uttar Pradesh on sluggish demand; steady in Maharashtra
This story was originally published at 19:42 IST on 24 February 2026
Register to read our real-time news.Informist, Tuesday, Feb. 24, 2026
By Taniva Singha Roy
MUMBAI – Ex-mill prices of sugar in the key markets of Uttar Pradesh fell on Tuesday due to sluggish demand, traders said. In Maharashtra, prices were steady due to limited buying, they said. Mills are now awaiting the release of the sales quota for March.
Mills in Uttar Pradesh cut prices by INR 10-INR 20 per 100 kg due to subdued demand, said Naresh Gupta, a trader from north India. However, there is a possibility of prices increasing in the coming days, ahead of Holi festivals due to demand from comfectioneries, he said.
Going ahead, prices in Uttar Pradesh will largely be on a downtrend as despite a fall in the sugarcane production, the sugar output in the state has increased. In Uttar Pradesh, sugar output rose nearly 4% on year to 6.6 million tonnes even as cane crushing fell 2.6% on year to 66.26 million tonnes as of Feb. 14. Among major producers, Uttar Pradesh registered the highest sugar recovery rate at 9.90% from 9.30% year ago, according to the National Federation of Cooperative Sugar Factories.
Mills in Maharashtra, kept prices steady due to limited buying, 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. Mills are awaiting the release of sales quota for March, Kuvadia said.
The following are the highlights of sugar prices in the domestic market:
--Down INR 10-INR 20 at INR 3,890-INR 4,030 per 100 kg in west Uttar Pradesh
--Down INR 10-INR 20 at INR 3,900-INR 4,050 per 100 kg in central Uttar Pradesh
--Flat at INR 3,800-INR 3,825 per 100 kg in Mumbai
--Flat at INR 3,995-INR 4,056 per 100 kg in Kolhapur
At 1922 IST, sugar prices on the Intercontinental Exchange were steady at 14.46 cents per pound. End
US$1 = INR 90.95
Edited by Akul Nishant Akhoury
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. 2026. All rights reserved.
To read more please subscribe
Share this Story:
