Weekly Review – Sugar
14-Mar-2026 08:35 PM
Sugar Prices Soften or Stabilize Amidst Limited Trading
New Delhi: No significant activity was observed in the sugar market last week, and trading volumes remained lower than usual. Consequently, prices exhibited a trend of soft stability. The "free sale" quota of 2.25 million tonnes of sugar allocated for March is weighing heavily on the market. The festive and wedding seasons have now concluded. While the weather is gradually warming up, industrial demand for sugar remains limited.
Mill Delivery Prices
During the week of March 7 to 13, sugar mill delivery prices recorded a decline of ₹25 per quintal in Eastern Uttar Pradesh, ₹70 in Bihar, and ₹15–30 in Gujarat; meanwhile, prices remained stable at previous levels in Western Uttar Pradesh, Punjab, and Madhya Pradesh.
Spot Prices
Similarly, spot market prices for sugar fell by ₹30 in Delhi to range between ₹4,300–₹4,450 per quintal, and dropped by ₹40–₹50 in Kolkata to settle at ₹4,170–₹4,300 per quintal.
Mumbai / MP
Prices remained steady at ₹4,050–₹4,150 per quintal in Raipur and at ₹3,850–₹4,050 per quintal in Mumbai (Kashi). Indore was the sole exception, where spot sugar prices improved by ₹20 to reach ₹4,100–₹4,200 per quintal.
Port Delivery Prices
The "Naka" (local) port delivery price for sugar remained stable at ₹3,800–₹4,000 per quintal, whereas tender prices in Maharashtra declined by ₹40–₹50 to settle at ₹3,690–₹3,810 per quintal. In Karnataka, an increase of ₹50 per quintal was recorded in sugar tender prices. Sugar exports from India are currently being impacted due to the conflict between Iran and the United States.