ChiniMandi, Mumbai: 29th Aug 2025
Domestic Market
Domestic sugar prices were reported weak
Domestic sugar prices in major markets have been reported to be weak on dull demand. Prices saw a fall of Rs 5-10 per quintal due to dull off take as monthly quota was similar to the previous season.
The Food Ministry announced on August 28, 2025, that a monthly sugar quota of 23.5 lakh metric tonnes (LMT) has been allocated for September 2025, which is the same as the quota allocated for September 2024. The total sugar quota for the 2023–24 season (October 2023 to September 2024) was 291.50 LMT, whereas for the 2024–25 season (October 2024 to September 2025), the quota stands at 275.50 LMT.
Currently, the price of M-grade sugar is between ₹3,950 and ₹4,050 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar is quoted between ₹3,830 and ₹3,870 per quintal in Kolhapur, Maharashtra.
Ex-mill Sugar Prices as on Aug, 29 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3875 to 3905 |
₹3925 to 3945 |
|
South Karnataka |
₹4025 to 4075 |
₹4125 |
|
Uttar Pradesh |
– |
₹3960 to 4060 |
|
Gujarat |
₹3900 to 3911 |
₹3925 to 3951 |
|
Tamil Nadu |
₹4120 to 4175 |
₹4175 to 4180 |
|
Madhya Pradesh |
₹4015 to 4040 |
₹4085 to 4110 |
|
Punjab |
– |
₹4000 to 4290 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 29 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,357.50 |
|
Kanpur |
M/30 |
₹4,336.50 |
|
Kolhapur |
M/30 |
₹4,121.25 |
|
Kolkata |
M/30 |
₹4,436.25 |
|
Muzaffarnagar |
M/30 |
₹4,210.50 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,347.00 |
|
Chennai |
M/30 |
₹4,473.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $492.30 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.42 c/lb. The corn futures market trades at 388-2 and the ethanol Chicago trades at 1.80000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.138 whereas USD was trading with BRL at 5.4215 Crude WTI traded at $64.53 a barrel. Sensex closed 270.92 points down at 79,809.65 whereas Nifty closed 74.05 points lower at 24,426.85.
News Round-Up
State-wise monthly sugar quota for sale in September 2025
Season 2025-26: ISO sees global sugar deficit of just 0.231 million tonnes
Season 2025-26: ISO sees global sugar deficit of just 0.231 million tonnes
No threat to vehicles, only gains for India: ISMA DG’s strong statement on ethanol programme
No threat to vehicles, only gains for India: ISMA DG’s strong statement on ethanol programme
