More Stories

Informist, Wednesday, May 27, 2026

 

By Taniva Singha Roy

 

MUMBAI – Ex-mill prices of sugar in key markets in Uttar Pradesh and Maharashtra held steady as demand was based only on requirement, traders said. Mills are likely to increase prices in the first week of June as household demand is likely to be firm at the start of the month, they said.

 

Mills in Uttar Pradesh kept prices steady as demand was as per need, Naresh Gupta, a trader from north India, said. But the resale market raised prices by INR 5–INR 10 per 100 kg, he said. Prices are likely to rise next week on firmer household demand, he added.

 

Mills in Maharashtra kept prices steady, Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association, said. Prices are likely to remain range-bound in the coming week as temperatures come down in June, resulting in reduced demand from bulk consumers of sugar, he added.

 

The government has set the domestic sugar sales quota for June at 2.25 million tonnes, unchanged from May and down 2.2% from the quota of 2.30 million tonnes set for June 2025. Market participants said the sales quota is sufficient to meet demand. Demand from ice-cream and cold-drink manufacturers is expected to be lower than in May, as temperatures will come down once the southwest monsoon sets in.

 

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

--Flat at INR 4,000-INR 4,140 per 100 kg in western Uttar Pradesh

--Flat at INR 4,010-INR 4,160 per 100 kg in central Uttar Pradesh

--Flat at INR 4,072-INR 4,152 per 100 kg in Mumbai

--Flat at INR 3,945-INR 3,960 per 100 kg in Kolhapur

 

At 2035 IST, the price of sugar on the Intercontinental Exchange was down 2.5% from Tuesday at 14.18 cents per pound, tracking a fall in crude oil prices on NYMEX. Lower crude oil prices reduce the diversion of sucrose for ethanol production, increasing the availability of sugar.  End

 

US$1 = INR 95.69

 

Edited by Rajeev Pai

 

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.