ChiniMandi, Mumbai: 28th Nov 2025
Domestic Market
Domestic sugar prices were reported weak
After trading stable for two consecutive sessions, domestic sugar prices across major markets reported weak. Prices in Maharashtra, North Karnataka and Uttar Pradesh were reported lower by Rs 10 per quintal. The start of crushing activity coupled with subdued buying activity is weighed on sugar prices.
The food ministry released a monthly quota for the month of December. As per the update quota was reported at 22.0 lakh tons, higher by 2.0 lakh tons compared to previous month. Higher monthly quota given the no festive demand is likely to weigh on the prices.
In key physical markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted between ₹4,040 and ₹4,110 per quintal. In Kolhapur (Maharashtra), S-grade sugar traded in the range of ₹3,700–₹3,740 per quintal, indicating a stable to slightly weak pricing trend.
Ex-mill Sugar Prices as on Nov, 28 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3740 to 3760 |
₹3770 to 3790 |
|
South Karnataka |
₹4025 |
₹4075 |
|
Uttar Pradesh |
– |
₹4040 to 4110 |
|
Gujarat |
₹3881 to 3901 |
₹3911 to 3931 |
|
Tamil Nadu |
₹4030 to 4125 |
₹4110 to 4150 |
|
Madhya Pradesh |
₹3920 to 3950 |
₹3970 to 4000 |
|
Punjab |
– |
₹3820 to 4301 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 28 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,368.00 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹3,937.50 |
|
Kolkata |
M/30 |
₹4,273.50 |
|
Muzaffarnagar |
M/30 |
₹4,284.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,368.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $434.30 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.16 c/lb. The corn futures market trades at 431-6 and the ethanol Chicago trades at 1.71000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 89.460 whereas USD was trading with BRL at 5.3448 Crude WTI traded at $59.05 a barrel. Sensex closed 13.71 points down at 85,706.67 whereas Nifty closed 12.60 points lower at 26,202.95.
News Round-Up
State-wise monthly sugar quota for sale in December 2025
Karnataka government to convene meeting of distilleries and ethanol manufacturers to discuss maize crisis
Maharashtra: 165 mills begin crushing operations; sugar production at 151.48 lakh quintals
Maharashtra: 165 mills begin crushing operations; sugar production at 151.48 lakh quintals
