Weekly Review – Sugar
25-Apr-2026 07:13 PM
Sugar Prices Recover Amidst Modest Industrial Demand
New Delhi: With rising temperatures marking the onset of a phase of intense heat, industrial demand for sugar—driven by the production of cold drinks, ice cream, and similar products—has begun to rise gradually. This comes at a time when the primary sugar production season has largely concluded. Sugar export performance remains steady. In the domestic sector, the supply and availability situation currently remains largely comfortable.
Mill Delivery Prices
During the week of April 18–24, an improvement in sugar mill delivery prices was recorded across various regions: ₹15 per quintal in Eastern Uttar Pradesh, Western Uttar Pradesh, and Bihar; ₹20 per quintal in Punjab; ₹10 per quintal in Gujarat; and ₹5 per quintal in Madhya Pradesh.
Spot Prices
In the spot market, sugar prices in Delhi rose by ₹50 to reach a range of ₹4,350–₹4,450 per quintal. However, prices remained stable at their previous levels in other markets: ₹4,150–₹4,250 per quintal in Indore; ₹4,050–₹4,150 in Raipur; ₹4,150–₹4,280 in Kolkata; and ₹3,870–₹4,070 per quintal in Mumbai (Vashi). The sugar 'Naka' (port) delivery price was also observed to remain steady at ₹3,820–₹4,020 per quintal.
Tenders
Conversely, a decline of ₹20–₹25 per quintal was recorded in sugar tender prices in the states of Maharashtra and Karnataka. This is attributed to a confluence of factors: on one hand, traders and stockists currently hold substantial sugar inventories; on the other, being the third week of the month, millers were compelled to demonstrate increased proactivity in offloading their allocated quotas.
Quota
The new monthly sugar quota for the month of May is scheduled to be announced next week; given the forecast for severe heat conditions, a modest increase in the quota is anticipated.