ChiniMandi, Mumbai: 29th July 2025
Domestic Market
Domestic sugar prices rose on lower monthly quota
Domestic sugar prices have reported to be higher by Rs 20-40 per quintal across major markets on lower monthly quota release. As demand is said to be good ahead of the festive season, lower release of monthly quota fuelled the rally in the spot markets.
The Food Ministry has released the quota for the month of August. As per the notification, quota is at 22.5 lakh tons, higher by 0.5 lakh tons compared to the same month previous season and last month. As the festive season is ahead, less release has led to rise in domestic sugar prices. And no extension of the July quota is reported.
In terms of pricing, M-grade sugar is currently selling between Rs 3,940 and Rs 4,000 per quintal in Muzaffarnagar, while S-grade sugar costs range from Rs 3,790 to Rs 3,820 in Kolhapur.
Ex-mill Sugar Prices as onย July, 29 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3860 to 3885 |
โน4025 to 4065 |
|
South Karnataka |
โน3945 to 3980 |
– |
|
Uttar Pradesh |
|
โน3940 to 4000 |
|
Gujarat |
โน3921 to 3961 |
โน3971 to 3991 |
|
Tamil Nadu |
โน4030 to 4165 |
โน4080 |
|
Madhya Pradesh |
โน3935 to 3960 |
โน4005 to 4030 |
|
Punjab |
โน4080 to 4271 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 29 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,252.50 |
|
Kanpur |
M/30 |
โน4,231.50 |
|
Kolhapur |
M/30 |
โน4,079.25 |
|
Kolkata |
M/30 |
โน4,357.50 |
|
Muzaffarnagar |
M/30 |
โน4,168.50 |
|
Ahmedabad |
M/30 |
โน4,095.00 |
|
Bangaluru |
M/30 |
โน4,284.00 |
|
Chennai |
M/30 |
โน4,410.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $471.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.40 c/lb. The corn futures market trades at 392-6 and the ethanol Chicago trades at 1.76000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.842 whereas USD was trading with BRL at 6.43516 Crude WTI traded at $67.14 a barrel. Sensex closed 446.93 points up at 81,337.95 whereas Nifty closed 140.20 points higher at 24,821.10..
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