ChiniMandi, Mumbai: 21st July 2025
Domestic Market
Domestic sugar prices continue to rise
After trading stable to weak over the last one month, domestic sugar prices inched higher by another Rs 20-30 per quintal across the major markets for the second consecutive session. Prices were reported to be higher by Rs 10-20 per quintal across the major markets of Uttar Pradesh, and by Rs 25-30 per quintal in Maharashtra, and Karnataka markets.
Demand is said to be good in today’s session as prices are trading at three month low and stocks left with the millers are depleting. As the festive begins from next month demand is likely to remain higher moving forward.
M-grade sugar prices between Rs 3,870 and Rs 3,940 a quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,750 and Rs 3,780 in Kolhapur.
Ex-mill Sugar Prices as on July, 21 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3795 to 3815 |
₹3855 to 3895 |
|
South Karnataka |
₹3880 to 3920 |
– |
|
Uttar Pradesh |
|
₹3870 to 3940 |
|
Gujarat |
₹3841 to 3881 |
₹3891 to 3911 |
|
Tamil Nadu |
₹3990 to 4165 |
₹4050 to 4065 |
|
Madhya Pradesh |
₹3855 to 3870 |
₹3925 to 3940 |
|
Punjab |
₹3960 to 4201 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 21 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,210.50 |
|
Kanpur |
M/30 |
₹4,179.00 |
|
Kolhapur |
M/30 |
₹4,026.75 |
|
Kolkata |
M/30 |
₹4,305.00 |
|
Muzaffarnagar |
M/30 |
₹4,095.00 |
|
Ahmedabad |
M/30 |
₹4,011.00 |
|
Bangaluru |
M/30 |
₹4,263.00 |
|
Chennai |
M/30 |
₹4,368.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $480.20 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.53 c/lb. The corn futures market trades at 407-2 and the ethanol Chicago trades at 1.77000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.288 whereas USD was trading with BRL at 5.5768 Crude WTI traded at $65.95 barrel. Sensex closed 442.61 points up at 82,200.34 whereas Nifty closed 122.30 points higher at 25,090.70..
News Round-Up
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Supreme Court issues notices to Centre, states on PIL for mandatory display of quality of products, details of sellers
India-UK FTA set to boost bilateral trade by Euro 25.5 billion annually: British High Commission official
