Weekly Review - Sugar

20-Sep-2025 08:04 PM

Sugar Prices Improve Due to Festival Demand

New Delhi. Despite the ongoing Pitru Paksha (the holy month of Pitru Paksha), sugar mill delivery prices and spot market prices improved during the week of September 13-19 due to strong buying by buyers. The weather is also changing. The intensity of monsoon rains has decreased and temperatures have risen in many areas, which will also lead to industrial demand for sugar. The peak festival season is about to begin next week, which may keep sugar demand strong.

Mill Delivery Prices

According to available data, during the week of September 13-19, sugar mill delivery prices increased by Rs. 90 per quintal in Eastern Uttar Pradesh, Rs. 51 in Punjab, Rs. 39 in Bihar, Rs. 30 in Western Uttar Pradesh, Rs. 10 in Madhya Pradesh, and Rs. 10-20 per quintal in Gujarat. Mill delivery prices remained above ₹3,900 per quintal in all states.

Spot Price

The spot market price of sugar remained stable at the previous level of ₹4,300/₹4,400 per quintal in Delhi, but improved by ₹10 to ₹4,230/₹4,330 per quintal in Indore, and increased by ₹20 to ₹4,280/₹4,325 per quintal in Raipur (Chhattisgarh). Meanwhile, the price of sugar in Vashi market in Navi Mumbai remained stable at ₹3,980/₹4,180 per quintal, and the Naka Port delivery price remained unchanged at ₹3,930/₹4,130. However, in Kolkata, the price of sugar declined by ₹40 to ₹4,360/₹4,430 per quintal.

Tender

Sugar tender prices showed a mixed trend. In Maharashtra, it declined to ₹3825/₹3990 per quintal, but in Karnataka, it jumped to ₹3900/₹4030 per quintal.

Demand/Consumption

Sugar demand and consumption are expected to increase significantly in the domestic sector over the next few weeks, as Dussehra and Diwali will be celebrated during the same period.

Quota

The government has issued a free sale quota of 2.35 million tonnes of sugar for September, but this has not significantly impacted the market.