ChiniMandi, Mumbai: 18th Nov 2025
Domestic Market
Domestic sugar prices were stable
Domestic sugar prices traded stable across major markets, as buying remained largely need-based and overall demand continued to be subdued. With the sugarcane crushing season now underway in most producing states, market sentiment remains under pressure, and prices are expected to stay soft in the near term.
In key markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted at ₹3,980–4,070 per quintal, while, S-grade sugar in Kolhapur (Maharashtra) traded in the range of ₹3,730–3,760 per quintal, maintaining a stable tone.
Ex-mill Sugar Prices as on Nov, 18 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3770 to 3790 |
₹3800 to 3820 |
|
South Karnataka |
₹4000 |
₹4050 |
|
Uttar Pradesh |
– |
₹3980 to 4070 |
|
Gujarat |
₹3831 to 3871 |
₹3831 to 3871 |
|
Tamil Nadu |
₹4030 to 4150 |
₹4150 to 4200 |
|
Madhya Pradesh |
₹3905 to 3950 |
₹3975 to 4020 |
|
Punjab |
– |
₹3741 to 4231 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 18 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,326.00 |
|
Kolhapur |
M/30 |
₹3,979.50 |
|
Kolkata |
M/30 |
₹4,368.00 |
|
Muzaffarnagar |
M/30 |
₹4,221.00 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,284.00 |
|
Chennai |
M/30 |
₹4,410.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $418.80 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.78 c/lb. The corn futures market trades at 436-2 and the ethanol Chicago trades at 1.81500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.556 whereas USD was trading with BRL at 5.3382 Crude WTI traded at $59.80 a barrel. Sensex closed 277.93 points down at 84,673.02 whereas Nifty closed 103.40 points lower at 25,910.05.
News Round-Up
Government to look into demand for increasing sugar MSP: Food Minister
Government to look into demand for increasing sugar MSP: Food Minister
Sugar exports expected to gain momentum as parity improves: Tarun Sawhney
Sugar exports expected to gain momentum as parity improves: Tarun Sawhney
Zuari’s ethanol plant expected to be commissioned by end of November
Zuari’s ethanol plant expected to be commissioned by end of November
