Sugar Market Trades Steady Amid Ample Supplies and Government Measures

The domestic sugar market in India experienced a steady trade on September 15th, 2026. Prices remained largely unchanged in Uttar Pradesh due to ample supplies and government measures to control retail prices. In contrast, Kolhapur in Maharashtra saw a slight gain of ₹20-30 per quintal, indicating some improvement in buying interest.

The price spread between S-grade and M-grade sugar has narrowed significantly, with both trading at relatively similar levels. Ex-mill sugar prices across various states show the following rates: Maharashtra (₹4330-4520), South Karnataka (₹4500-4600), Uttar Pradesh (₹4500-4600), Gujarat (₹4811-4911), Tamil Nadu (₹4500-4560), and Madhya Pradesh (₹4550-4650).

The international market saw London White Sugar trading at $528.50 per ton, while the New York Sugar contract traded at 18.07 c/lb. The corn futures market stood at 528-6, and ethanol Chicago traded at 2.05500s.