ChiniMandi, Mumbai: 7th Oct 2025
Domestic Market
Domestic sugar prices were reported weak
Sugar prices across major domestic markets eased by ₹10–20 per quintal amid sluggish demand at elevated price levels. Despite the minor correction, prices continue to hover near multi-year highs, supported by tight stock availability and limited supply in the physical market.
Weather conditions have turned favorable for sugarcane development, with dry weather following the earlier heavy rains in key growing regions of Maharashtra and northern Karnataka. However, the withdrawal of the southwest monsoon has stalled and is expected to remain so for the next 8–10 days. The recent rainfall activity, especially over north Karnataka and Maharashtra, may delay the commencement of crushing operations for the new season.
Regionally, prices continue to show underlying firmness. In Muzaffarnagar (Uttar Pradesh), M-grade sugar is quoted between ₹4,060–₹4,140 per quintal, while in Kolhapur (Maharashtra), S-grade sugar is trading in the range of ₹3,830–₹3,880 per quintal.
Ex-mill Sugar Prices as on Oct, 07 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3870 to 3900 |
₹3920 to 3940 |
|
South Karnataka |
₹3925 to 3935 |
₹3985 |
|
Uttar Pradesh |
– |
₹4060 to 4140 |
|
Gujarat |
₹3891 to 3941 |
₹3891 to 3941 |
|
Tamil Nadu |
₹4000 to 4100 |
₹4050 to 4150 |
|
Madhya Pradesh |
₹4005 to 4015 |
₹4075 to 4085 |
|
Punjab |
– |
₹4090 to 4351 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 07 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,410.00 |
|
Kanpur |
M/30 |
₹4,389.00 |
|
Kolhapur |
M/30 |
₹4,095.00 |
|
Kolkata |
M/30 |
₹4,431.00 |
|
Muzaffarnagar |
M/30 |
₹4,305.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,357.50 |
|
Chennai |
M/30 |
₹4,504.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $458.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.58 c/lb. The corn futures market trades at 422-2 and the ethanol Chicago trades at 1.99000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.762 whereas USD was trading with BRL at 5.3132 Crude WTI traded at $61.72 a barrel. Sensex closed 136.63 points up at 81926.75 whereas Nifty closed 30.65 points higher at 25108.30.
News Round-Up
Decisive policy push required to make ethanol a mainstream fuel: Vikram Gulati
Decisive policy push required to make ethanol a mainstream fuel: Vikram Gulati
Kolhapur : Daulat Sugar Factory’s E-auction cancelled by DRT; factory to operate on lease to settle bank dues
Maharashtra : Former MP Raju Shetty challenges CM Fadnavis over sugar mills malpractices
Maharashtra : Former MP Raju Shetty challenges CM Fadnavis over sugar mills malpractices
