ChiniMandi, Mumbai: 08th Sept 2026
Domestic Market
Domestic sugar prices continue to witness a mixed trend
Domestic sugar prices witnessed a mixed trend, with prices in Maharashtra increasing by around ₹150-200 per quintal, while Uttar Pradesh prices eased by approximately ₹50 per quintal.
Prices in Uttar Pradesh remained under pressure amid government measures aimed at keeping retail sugar prices under control. Meanwhile, the price spread between Maharashtra and Uttar Pradesh has narrowed, following the recent recovery in Maharashtra prices.
Kolhapur S-grade sugar is currently quoted at around ₹4,700-4,800 per quintal, compared with ₹4,950-5,050 per quintal for M-grade sugar in Muzaffarnagar. The spread between the two markets currently stands at around ₹250 per quintal, significantly lower than the wider spread seen earlier.
Ex-mill Sugar Prices as on Sept, 08 2026 :
State | S/30 [Rates per Quintal] | M/30 [Rates per Quintal] |
Maharashtra | ₹4300 | ₹4400 |
South Karnataka | ₹4800 to 5300 | ₹4825 to 4850 |
Uttar Pradesh | - | ₹4950 to 5050 |
Gujarat | ₹4600 | ₹4700 |
Tamil Nadu | ₹4700 to 5000 | ₹4810 to 5050 |
Madhya Pradesh | ₹4800 | ₹4870 to 4899 |
Punjab | - | ₹5350 to 5351 |
(All the above rates are excluding GST) |
Destination-wise Spot Prices as on Sept, 08 2026 :
City | Grade | Rate |
Delhi | M/30 | ₹5,302.50 |
Kanpur | M/30 | ₹5,355.00 |
Kolhapur | M/30 | ₹5,040.00 |
Kolkata | M/30 | ₹5,250.00 |
Muzaffarnagar | M/30 | ₹5,302.50 |
Ahmedabad | M/30 | ₹5,040.00 |
Bangaluru | M/30 | ₹4,935.00 |
Chennai | M/30 | ₹5,302.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $522.20 ton, whereas the New York Sugar # 11 The front month contract is trading at 18.02 c/lb. The corn futures market trades at 513-0 and the ethanol Chicago trades at 2.08000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 94.822 whereas USD was trading with BRL at 5.0882 Crude WTI traded at $93.13 barrel. Sensex closed 555.23 points down at 75,577.58 whereas Nifty closed 144.05 points lower at 23,635.10
News Round-Up
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Allahabad High Court directs sugarcane allocation to Yadu Sugar as per installed capacity