India Sugar
Down in Uttar Pradesh on poor demand from traders in resale mkt
This story was originally published at 19:50 IST on 5 June 2026
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By Taniva Singha Roy
MUMBAI – Ex-mill prices of sugar in the key markets of Uttar Pradesh fell due to sluggish demand from traders at the resale market at higher rates, traders said. Mills in Maharashtra kept prices steady due to need-based demand, they said.
Mills in Uttar Pradesh cut prices by INR 15–INR 20 per 100 kg as demand was poor, said Naresh Gupta, a trader from north India. Traders in the resale market had stocked up on sugar at the end of last month and are now using the stocks in the pipeline instead of buying more, Gupta said.
In addition, owing to the onset of the monsoon, there is poor demand for the sweetener from bulk consumers such as ice-cream and cold-drink manufacturers, which weighed on prices, Gupta added.
In Maharashtra, mills kept prices steady due to need-based demand, Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association, said. Prices are high, which is why demand is as per requirement, he added.
Following are the highlights of sugar prices in the domestic market:
--Down INR 15-INR 20 at INR 4,000-INR 4,120 per 100 kg in western Uttar Pradesh
--Down INR 15-INR 20 at INR 4,000-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 1934 IST, sugar prices on the Intercontinental Exchange were down 0.3% at 14.23 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 94.95
Edited by Avishek Dutta
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