ChiniMandi, Mumbai: 12th Sep 2025
Domestic Market
Domestic sugar prices were reported stable
Sugar prices in the major domestic markets remained steady. They are currently trading at multi-year highs due to tight stock availability and an anticipated delay in the start of crushing operations, particularly in Karnataka. With the festive season approaching, demand is likely to stay strong, providing continued support to prices.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is being traded in the range of ₹3,950–₹4,040 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar is quoted between ₹3,850 and ₹3,890 per quintal.
Ex-mill Sugar Prices as on Sep, 12 2025 :
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
Maharashtra |
₹3875 to 3905 |
₹3925 to 3945 |
South Karnataka |
₹3980 to 4050 |
₹3980 to 4100 |
Uttar Pradesh |
– |
₹3950 to 4040 |
Gujarat |
₹3890 to 3921 |
₹3911 to 3961 |
Tamil Nadu |
₹4060 to 4150 |
₹4150 to 4200 |
Madhya Pradesh |
₹3950 to 3980 |
₹4020 to 4050 |
Punjab |
– |
₹3990 to 4181 |
(All the above rates are excluding GST) |
Destination-wise Spot Prices as on Sep, 12 2025 :
City |
Grade |
Rate |
Delhi |
M/30 |
₹4,378.50 |
Kanpur |
M/30 |
₹4,357.50 |
Kolhapur |
M/30 |
₹4,121.25 |
Kolkata |
M/30 |
₹4,452.00 |
Muzaffarnagar |
M/30 |
₹4,200.00 |
Ahmedabad |
M/30 |
₹4,137.00 |
Bangaluru |
M/30 |
₹4,357.50 |
Chennai |
M/30 |
₹4,515.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $486-20 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.70 c/lb. The corn futures market trades at 421-0 and the ethanol Chicago trades at 1.98500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.258 whereas USD was trading with BRL at 5.3987 Crude WTI traded at $63.51 a barrel. Sensex closed 355.97 points up at 81904.70 whereas Nifty closed 108.50 points higher at 25114.00
News Round-Up
Maharashtra signs MoU with Iowa to boost agriculture, technology
Maharashtra signs MoU with Iowa to boost agriculture, technology
Scope of sugar export in new season, managing sufficient sugar stocks top most priority: Ashwini Srivastava
Surplus ethanol can be used to produce Isobutanol: ARAI Director
Surplus ethanol can be used to produce Isobutanol: ARAI Director
‘Paid campaign against me’: Nitin Gadkari on E20 petrol row