Weekly Review – Sugar
18-Apr-2026 07:12 PM
Sugar Market Remains Soft Due to Weak Demand
New Delhi: Contrary to expectations, industrial demand for sugar has not yet gained momentum, and domestic consumption also remains at levels no higher than normal. On one hand, due to an excess of stock, millers are compelled to liquidate their inventory rapidly; on the other, bulk buyers and stockists are showing no urgency to make purchases. Consequently, during the week of April 11–17, the sugar market witnessed a trend of softness or stability in both mill-delivery prices and spot market rates, while tender prices also declined slightly.
Mill Delivery Prices
During the week under review, a decline in sugar mill-delivery prices was recorded across various regions: ₹5 per quintal in Madhya Pradesh, ₹10 in Eastern Uttar Pradesh, ₹20 each in Western Uttar Pradesh and Punjab, ₹25 in Bihar, and up to ₹40 per quintal in Gujarat. Demand from stockists remained lower than normal.
Spot Prices
Spot market prices for sugar remained unchanged at their previous levels: ₹4,300–₹4,400 per quintal in Delhi; ₹4,150–₹4,250 in Indore; ₹4,050–₹4,150 in Raipur; ₹4,150–₹4,300 in Kolkata; and ₹3,870–₹4,070 per quintal in Mumbai (Vashi). Similarly, the Naka Port delivery price for sugar also remained stable at ₹3,820–₹4,020 per quintal.
Tenders
In Maharashtra, a decline of ₹10 to ₹40 per quintal was recorded in sugar tender prices, whereas in Karnataka, prices remained largely stable.
Production
The primary season for sugar production has largely concluded, and total production has witnessed an increase of approximately 8 percent compared to the previous season. However, as total production is expected to remain below 280 lakh tonnes, the supply situation in the coming period could remain somewhat challenging.