India Sugar
Down in Uttar Pradesh on poor demand, steady in Maharashtra
This story was originally published at 20:38 IST on 2 June 2026
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By Taniva Singha Roy
MUMBAI – Ex-mill prices of sugar in the key markets of Uttar Pradesh fell as demand was poor at higher rates, traders said. In Maharashtra, prices were steady due to need-based demand, they said.
Mills in Uttar Pradesh cut prices by INR 5–INR 10 per 100 kg, as there was subdued demand, Naresh Gupta, a trader from north India said. Mills have increased prices significantly in May as demand was firm and sales quota was low. Hence, demand is not picking up at higher rates, Gupta said. But prices could increase in the coming days due to strong household demand in the start of every month, he said.
Mills in Maharashtra kept prices steady, Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association, said. Prices are likely to rise this week as demand improves temporarily, he added.
Following are the highlights of sugar prices in the domestic market:
--Down INR 5-INR 10 at INR 3,990-INR 4,130 per 100 kg in western Uttar Pradesh
--Down INR 5-INR 10 at INR 3,990-INR 4,130 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 2019 IST, sugar prices on the Intercontinental Exchange were down 0.7% at 14.35 cents per pound, tracking losses in crude oil on NYMEX. Lower crude oil prices reduce the diversion of sucrose for ethanol production, increasing the availability of sugar. End
US$1 = INR 95.27
Edited by Avishek Dutta
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