India Sugar
Up in key mkts on firm demand, concern over low Jul sales quota
This story was originally published at 17:42 IST on 25 June 2026
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By Taniva Singha Roy
MUMBAI – Ex-mill prices of sugar in the key markets of Uttar Pradesh and Maharashtra rose due to firm demand from the resales market amid concern of lower availability next month, traders said. Prices are likely to remain elevated for some time, they said.
Mills in Uttar Pradesh raised prices by INR 40-INR 50 per 100 kg as there was speculative buying, Naresh Gupta, a trader from north India said. Traders are stocking up the pipeline due to concern of lower availability next month, he said.
The government has set the domestic sugar sales quota for July at 2.2 million tonnes. The quota for next month is 2.2% lower than the 2.25 million tonnes in June. Traders consider the quota to be insufficient to meet the demand next month.
Mills in Maharashtra raised prices by INR 10 per 100 kg as demand from the resale market improved due to concerns of lower availability of sugar next month, Mukesh Kuvadia, secretary of the Bombay Sugar Merchants Association. Prices are likely to increase further in the coming days as well, Kuvadia said.
The following are the highlights of sugar prices in the domestic market:
--Up INR 40-INR 50 at INR 4,150-INR 4,230 per 100 kg in western Uttar Pradesh
--Up INR 40-INR 50 at INR 4,160-INR 4,240 100 kg in central Uttar Pradesh
--Up INR 10 at INR 4,120-INR 4,192 per 100 kg in Mumbai
--Up INR 10 at INR 3,995-INR 4,010 per 100 kg in Kolhapur
At 1715 IST, the price of sugar on the Intercontinental Exchange was up 0.2% at 13.45 cents per pound. Prices rose amid concern about lower global production linked to El Nino. End
US$1 = INR 94.39
Edited by Akul Nishant Akhoury
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