ChiniMandi, Mumbai: 14th Aug 2025
Domestic Market
Domestic sugar prices were mostly stable
Domestic sugar prices continued to trade steady at higher levels with good off take. On the back of lower production and good demand, domestic prices are trading at multi-year high and are expected to remain higher with the tighter balance sheet.
On the crop front, good rainfall activity continued over major cane growing regions, crop conditions are reported to be very good. Karnataka and Maharashtra mills are likely to start the crushing activity post Diwali i.e., during the first week of November.
Currently, M-grade sugar is selling between Rs 3,990 and Rs 4,100 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar prices in Kolhapur, Maharashtra, range from Rs 3,875 to Rs 3,910 per quintal.
Ex-mill Sugar Prices as on Aug, 14 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3890 to 3920 |
₹3940 to 3960 |
|
South Karnataka |
₹4010 to 4025 |
₹4020 to 4075 |
|
Uttar Pradesh |
– |
₹3990 to 4100 |
|
Gujarat |
₹3941 to 3961 |
₹3971 to 4,001 |
|
Tamil Nadu |
₹4075 to 4200 |
₹4125 to 4250 |
|
Madhya Pradesh |
₹4015 to 4035 |
₹4095 to 4105 |
|
Punjab |
₹4050 to 4171 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 14 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,389.00 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹4,152.75 |
|
Kolkata |
M/30 |
₹4,462.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,221.00 |
|
Bangaluru |
M/30 |
₹4,357.50 |
|
Chennai |
M/30 |
₹4,483.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $485.40 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.62 c/lb. The corn futures market trades at 370-2 and the ethanol Chicago trades at 1.75250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.598 whereas USD was trading with BRL at 5.4095 Crude WTI traded at $62.99 a barrel. Sensex closed 57.75 points up at 80,597.66 whereas Nifty closed 11.95 points lower at 24,631.30.
News Round-Up
E20 boosts Octane, prolongs engine life: Abinash Verma rubbishes claims of engine damage
E20 boosts Octane, prolongs engine life: Abinash Verma rubbishes claims of engine damage
Davangere Sugar announces Rights Issue Opening on August 14
Delta Sugar posts 27% rise in H1 2025 net profit
