Daily Sugar Market Update By Vizzie – 31/05/2025

ChiniMandi, Mumbai: 31st May 2025

Domestic Market
Domestic sugar prices remained stable

Domestic sugar prices were reported to be stable for the fourth consecutive session in the markets. According to sources, because prices are at a two-and-a-half-month low, sellers and millers are hesitant to liquidate the stock. However, demand appears to be muted, putting downward pressure on prices. As demand remains subdued, sentiment is said to be deteriorating.

M-grade sugar costs between Rs 3,940 and Rs 4,060 per quintal in Muzaffarnagar, while S-grade sugar costs between Rs 3,725 and Rs 3,780 in Kolhapur.

Ex-mill Sugar Prices as on┬а May, 31 2025 :┬а

State

S/30┬а

[Rates per Quintal]┬а

M/30

[Rates per Quintal]┬а

Maharashtra

тВ╣3765 to 3790

тВ╣3845 to 3870

South Karnataka

тВ╣3950

Uttar Pradesh

тВ╣3940 to 4060

Gujarat

тВ╣3800 to 3811

тВ╣3875 to 3881

Tamil Nadu

тВ╣4025 to 4200

тВ╣4150

Madhya Pradesh

тВ╣3895 to 3915

тВ╣3965 to 3985

Punjab

тВ╣4040 to 4181

(All the above rates are excluding GST)

Destination-wise Spot Prices as on May, 31 2025 :┬а

City┬а

Grade┬а

Rate┬а

Delhi

M/30

тВ╣4,294.50

Kanpur

M/30

тВ╣4,242.00

Kolhapur

M/30

тВ╣4,016.25

Kolkata

M/30

тВ╣4,294.50

Muzaffarnagar

M/30

тВ╣4,210.50

Ahmedabad

M/30

тВ╣4,084.50

Bangaluru

M/30

тВ╣4,263.00

Chennai

M/30

тВ╣4,389.00

News Round-Up

Uttar Pradesh: Plan to begin expansion of Morna sugar mill soon

Uttar Pradesh: Plan to begin expansion of Morna sugar mill soon

Uttar Pradesh: New grain-based ethanol plant to be set up in Bijnor

Uttar Pradesh: New grain-based ethanol plant to be set up in Bijnor

тАЬAgriculture remains backbone of Indian economyтАЭ: Shivraj Singh Chouhan hails Viksit Krishi Sankalp Abhiyan

“Agriculture remains backbone of Indian economy”: Shivraj Singh Chouhan hails Viksit Krishi Sankalp Abhiyan

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