Weekly Review - Sugar
07-Mar-2026 05:50 PM
Sugar market remains stable due to extremely limited trading
New Delhi. This year, even a significant festival like Holi failed to boost the sugar market. The pace of growth in domestic sugar production has begun to slow, prompting industry and trade organizations to cut sugar production estimates.
Production
The apex industry body, ISMA, has now reduced sugar production from 30.95 million tons to 29.3 million tons, and the leading trade body, the All India Sugar Trade Association, has reduced its estimate from 29.6 million tons to 28.3 million tons.
Mill Delivery Prices
During the week from February 28 to March 6, mill delivery prices of sugar improved by ₹20 per quintal in eastern Uttar Pradesh, but declined by ₹55 per quintal in western Uttar Pradesh and ₹15 per quintal in Madhya Pradesh. Prices remained stable in Punjab and Bihar. Fluctuations of ₹30-40 per quintal were observed in Gujarat.
Spot Market
As far as the spot market is concerned, sugar prices remained stable at their previous levels in Delhi, Indore, Kolkata, Raipur, and Mumbai during the week under review, with no fluctuations. The Naka Port delivery price of sugar also remained stable at ₹3,800/₹4,000 per quintal. In Maharashtra, the tender price of sugar increased by ₹10-15.