ChiniMandi, Mumbai: 30th Oct 2025
Domestic Market
Domestic sugar prices traded stable
After declining since mid-October, domestic sugar prices have stabilised over the past two to three sessions. Prices continue to hover at current levels amid weak demand, with no major festive demand in sight, despite a lower monthly release quota. Market sentiment remains subdued as the sugarcane crushing season is set to commence soon, raising expectations of increased supply in the coming weeks.
In regional markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted at ₹3,940–4,000 per quintal, while S-grade sugar in Kolhapur (Maharashtra) traded in the range of ₹3,740–3,780 per quintal.
Ex-mill Sugar Prices as on Oct, 30 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3780 |
₹3830 |
|
South Karnataka |
₹3970 to 3975 |
₹4025 |
|
Uttar Pradesh |
– |
₹3940 to 4000 |
|
Gujarat |
₹3851 to 3901 |
₹3855 to 3901 |
|
Tamil Nadu |
₹4025 to 4075 |
₹4100 |
|
Madhya Pradesh |
₹3980 to 4010 |
₹4050 to 4080 |
|
Punjab |
– |
₹3850 to 4201 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 30 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,284.00 |
|
Kanpur |
M/30 |
₹4,273.50 |
|
Kolhapur |
M/30 |
₹3,969.00 |
|
Kolkata |
M/30 |
₹4,305.00 |
|
Muzaffarnagar |
M/30 |
₹4,158.00 |
|
Ahmedabad |
M/30 |
₹4,095.00 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,357.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $411.10 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.13 c/lb. The corn futures market trades at 436-2 and the ethanol Chicago trades at 1.83250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.684 whereas USD was trading with BRL at 5.3785 Crude WTI traded at $59.93 a barrel. Sensex closed 592.67 points down at 84,404.46 whereas Nifty closed 176.05 points higher at 25,877.85.
News Round-Up
WISMA requests extension for balance quantity of ethanol supply till November 30 for Maharashtra sugar mills and distilleries
“Historic decision by UP government,” says Union Minister Jayant Chaudhary on sugarcane price hike
“Historic decision by UP government,” says Union Minister Jayant Chaudhary on sugarcane price hike
Pasupati Acrylon secures Rs 215 crore ethanol supply order from OMCs
Pasupati Acrylon secures Rs 215 crore ethanol supply order from OMCs
