ChiniMandi, Mumbai: 27th May 2026
Domestic Market
Sugar Prices Hold Steady Amid Tight Supply Concerns and Firm Demand
After witnessing a recent rise, sugar prices traded steady across major domestic markets today, supported by persistent concerns over tightening domestic supplies.
Despite the government's export restrictions aimed at ensuring adequate local availability, market sentiment remained firm due to expectations of lower supply and steady demand from bulk consumers.
In North India, M-grade sugar prices in Muzaffarnagar were quoted at ₹4,100-₹4,180 per quintal, largely unchanged from the previous session. Meanwhile, in Maharashtra, S-grade sugar prices in Kolhapur were reported at ₹3,840-₹3,880 per quintal, also maintaining a steady trend.
Meanwhile, the Food Ministry has allocated a monthly sugar quota of 22.5 lakh tonnes for June 2026, unchanged from the previous month but lower by around 0.5 lakh tonnes compared to the same month last season. Expectations of lower rainfall and above-normal temperatures are likely to keep seasonal demand firm, which may continue to support domestic sugar prices in the near term.
Overall, tightening supply conditions, controlled monthly release quotas, and sustained seasonal demand are expected to keep the sugar market supported, although government intervention may continue to limit any sharp upside movement.
Ex-mill Sugar Prices as on May, 27 2026 :
State | S/30 [Rates per Quintal] | M/30 [Rates per Quintal] |
Maharashtra | ₹3750 to 3770 | ₹3850 to 3870 |
South Karnataka | ₹4125 to 4150 | ₹4175 to 4200 |
Uttar Pradesh | - | ₹4100 to 4180 |
Gujarat | ₹3951 to 3991 | ₹4041 to 4091 |
Tamil Nadu | ₹4070 to 4225 | ₹4250 to 4275 |
Madhya Pradesh | ₹4075 to 4125 | ₹4125 to 4205 |
Punjab | - | ₹4205 to 4351 |
(All the above rates are excluding GST) |
Destination-wise Spot Prices as on May, 27 2026 :
City | Grade | Rate |
Delhi | M/30 | ₹4,389.00 |
Kanpur | M/30 | ₹4,410.00 |
Kolhapur | M/30 | ₹4,105.50 |
Kolkata | M/30 | ₹4410.00 |
Muzaffarnagar | M/30 | ₹4,378.50 |
Ahmedabad | M/30 | ₹4,357.50 |
Bangaluru | M/30 | ₹4,336.50 |
Chennai | M/30 | ₹4,578.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $430.80 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.32 c/lb. The corn futures market trades at 455-4 and the ethanol Chicago trades at 1.96000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 95.785 whereas USD was trading with BRL at 5.0342 Crude WTI traded at $90.58 a barrel. Sensex closed 141.90 points down at 75,867.80 whereas Nifty closed 6.55 points lower at 23,907.15
News Round-Up
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Maharashtra sugar industry facing severe financial crisis, says Hasan Mushrif
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India's ethanol drive leads to increase in farmland linked to fuel production eight-fold
Andhra Pradesh: Farmers demand revival of sugar factories in Vizianagaram ahead of kharif season
Andhra Pradesh: Farmers demand revival of sugar factories in Vizianagaram ahead of kharif season