Weekly Review - Sugar

06-Dec-2025 06:52 PM

Sugar prices soften due to higher quotas and weak demand

New Delhi. The Union Food Ministry has issued a domestic sales quota of 2.2 million tonnes of sugar for December 2025, which is 10 percent higher than the November quota of 2.0 million tonnes and equal to the September 2024 quota of 2.2 million tonnes. During the week from November 29th to December 5th, both the mill delivery price and spot market prices of sugar remained either soft or stable. Mills had to fulfill their previous quotas, as the quota for the following month (December) also became effective, resulting in some sales pressure. Jaggery consumption is increasing, which is likely to impact sugar sales. The month of Paush has begun, with fewer auspicious festivals.
Mill Delivery Prices
During the week under review, mill delivery prices of sugar declined by ₹50 per quintal in eastern Uttar Pradesh and ₹30 per quintal in western Uttar Pradesh. Prices remained unchanged in Punjab and Madhya Pradesh, while prices increased by ₹80 to ₹4160/4280 per quintal in Bihar. Mill delivery prices in Gujarat declined by ₹30 to ₹80 per quintal due to weak buyer demand.
Spot Prices
Spot market prices of sugar remained unchanged at ₹4400/4450 per quintal in Delhi, ₹4100/4150 per quintal in Raipur, and ₹3880/4020 per quintal in Mumbai. Prices fell by ₹30 to ₹4100/4150 per quintal in Indore and ₹80 to ₹4250/4380 per quintal in Kolkata. The Naka Port Delivery price of sugar remained unchanged at ₹3850/₹3970.
Tender
Sugar tender prices remained soft. Tender prices in Maharashtra fell by ₹20-30 to ₹3650/₹3880 per quintal, and in Karnataka, they fell by ₹30-₹40 to ₹3700/₹3820 per quintal. The sugar market is currently soft due to abundant supply and weak demand. Sugarcane crushing has begun in all major producing states, and domestic sugar production is well ahead of last year's levels.