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Informist, Thursday, Jun. 18, 2026

 

By Taniva Singha Roy

 

MUMBAI – Ex-mill prices of sugar rose in Maharashtra due to firm demand from stockists amid fears of prices increasing further, traders said. In Uttar Pradesh, mills kept prices steady as traders in the resale market had already stocked up the pipeline, they said.

 

Mills in Maharashtra raised prices by INR 10 per 100 kilograms as stockists were actively buying amid fears of prices rising further, Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association, said. As the monsoon has not hit the state and temperatures are high, traders are concerned that demand from ice-cream and cold-drink manufacturers will rise in the days to come, hence they are stocking sugar now, Kuvadia said.

 

Heatwave conditions are likely in parts of central Maharashtra, Marathwada, Vidarbha, and Telangana till Saturday, according to the India Meteorological Department. This could support sugar prices in the coming days. The southwest monsoon has so far been way behind schedule in many parts of western and central India.  Currently, the monsoon trough passes through Harnai and Solapur in Maharashtra, Hyderabad and Bhadrachalam in Telangana, Koraput and Phulbani in Odisha, Ranchi in Jharkhand, and Muzaffarpur and Jamui in Bihar, the weather department said.   

 

Mills in Uttar Pradesh have kept prices steady, as prices have already increased significantly, and resale market traders have stocked up and are not in a hurry to buy at the moment, Naresh Gupta, a trader from north India, said.

 

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

--Flat at INR 4,015-INR 4,150 per 100 kg in western Uttar Pradesh

--Flat at INR 4,020 INR 4,165 100 kg in central Uttar Pradesh

--Up INR 10 per 100 kg at INR 4,092-INR 4,172 per 100 kg in Mumbai

--Up INR 10 per 100 kg at INR 3,965-INR 3,980 per 100 kg in Kolhapur

 

At 1756 IST, the price of sugar on the Intercontinental Exchange was down 0.4% at 13.79 cents per pound, tracking a fall in crude oil prices on NYMEX. Lower crude oil prices reduce the incentive to divert sucrose for ethanol production, increasing the availability of sugar in the market.  End

 

US$1 = INR 94.33

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Saji George Titus

 

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