Weekly Review - Sugar
17-Jan-2026 07:55 PM
Sugar Delivery Prices and Tender Rates Continue to Decline
New Delhi. Sugar production is increasing significantly due to the strong crushing of sugarcane in top producing states like Maharashtra, Uttar Pradesh, Karnataka, and Gujarat. A free sale quota of 22 lakh tonnes of sugar has been released for January, but the market is not seeing a corresponding demand, forcing millers to reduce prices to sell their product.
Mill Delivery Prices
During the week of January 10-16, mill delivery prices of sugar increased by Rs. 25 per quintal in Western Uttar Pradesh and Rs. 50 per quintal in Bihar, but declined by Rs. 15 per quintal in Eastern Uttar Pradesh, Rs. 35 per quintal in Madhya Pradesh, and Rs. 50 per quintal in Punjab. Similarly, prices also softened by Rs. 20 in Gujarat.
Spot Prices
The spot market price of sugar in Delhi fell by Rs. 50 to Rs. 4350/4400 per quintal. Even on the occasion of Makar Sankranti, the expected demand for sugar was not seen. However, spot prices improved by Rs. 20 in Indore to Rs. 3970/4030 per quintal and increased by Rs. 35 in Raipur to Rs. 3950/4025 per quintal.
Mumbai/Kolkata
In Mumbai (Vashi), prices also improved by Rs. 25 to Rs. 3750/3890 per quintal. The naka port delivery price of sugar there remained unchanged at the previous level of Rs. 3700/3840 per quintal. In Kolkata, the price of sugar remained stable at Rs. 4120/4350 per quintal.
Tenders
However, the decline in sugar tender prices continued in Maharashtra and Karnataka. During the week under review, tender prices in Maharashtra fell by up to Rs. 30 to Rs. 3550/3720 per quintal and in Karnataka by up to Rs. 60 to Rs. 3580/3600 per quintal. The industry's focus has now shifted to the demand during the wedding season.