More Stories

Informist, Friday, Apr. 17, 2026

By Taniva Singha Roy

MUMBAI – Ex-mill prices of sugar were steady in the key markets of Uttar Pradesh and Maharashtra due to need-based demand, traders said. Prices are likely to remain at these levels for most of April, they added.

Mills in Uttar Pradesh kept prices steady after cutting them the previous day as demand was limited, said Naresh Gupta, a trader from north India. Prices have already fallen by INR 50-INR 70 per 100 kg in April. Hence, mills did not cut prices further and were waiting for demand to pick-up at the current price levels, Gupta said. 

Demand for the sweetener has been sluggish so far in April due to rainfall in several parts of the country. "Moisture can damage sugar, which is why traders in the resale markets are not keeping stocks in the pipeline," Gupta said. 

In Maharashtra, mills kept prices steady as demand was need based, said Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association. Prices may remain at current levels in the days to come, he said.

The following are the highlights of sugar prices in the domestic market:

--Flat at INR 3,910-INR 4,020 per 100 kg in western Uttar Pradesh

--Flat at INR 3,900-INR 4,025 100 kg in central Uttar Pradesh

--Flat at INR 3,970-INR 4,053 per 100 kg in Mumbai

--Flat at INR 3,760-INR 3,820 per 100 kg in Kolhapur

At 1905 IST, sugar prices on the Intercontinental Exchange were down nearly 2% at 13.40 cents per pound, tracking losses in crude oil prices on NYMEX. Lower crude oil prices decrease the diversion of sucrose for ethanol production, increasing the availability of sugar.  End

US$1 = INR 92.92

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.