ChiniMandi, Mumbai: 11th Dec 2025
Domestic Market
Domestic sugar prices continue to trade lower
Domestic sugar prices continued to exhibit a weak tone across major markets as crushing activity gained momentum. With mills steadily increasing output, buyers remained cautious, anticipating ample supplies in the coming weeks. This resulted in a downtrend of about ₹10–₹20 per quintal across most producing states.
In Maharashtra, around 181 mills are currently operational and have collectively produced approximately 2.6 MMT of sugar, with a recovery rate of 8.2%. The combination of below-normal temperatures and improved cane quality has supported higher recovery levels compared to last year.
In the key physical markets, prices also reflected this softer sentiment. M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted between ₹3,950 and ₹4,060 per quintal. Meanwhile, S-grade sugar in Kolhapur (Maharashtra) traded in the range of ₹3,650–₹3,700 per quintal, marking a continued mild decline in spot values. Overall, the market remains under slight pressure, driven primarily by the ongoing crush and expectations of comfortable supply ahead.
Ex-mill Sugar Prices as on Dec, 11 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3730 to 3740 |
₹3780 to 3790 |
|
South Karnataka |
₹3950 |
₹4000 |
|
Uttar Pradesh |
– |
₹3950 to 4060 |
|
Gujarat |
₹3791 to 3811 |
₹3851 to 3871 |
|
Tamil Nadu |
₹3960 to 4100 |
₹4010 to 4150 |
|
Madhya Pradesh |
₹3781 to 4030 |
₹3815 to 3980 |
|
Punjab |
– |
₹4130 to 4170 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 11 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,315.50 |
|
Kanpur |
M/30 |
₹4,336.50 |
|
Kolhapur |
M/30 |
₹3,927.00 |
|
Kolkata |
M/30 |
₹4,347.00 |
|
Muzaffarnagar |
M/30 |
₹4,200.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,263.00 |
|
Chennai |
M/30 |
₹4,347.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $427.40 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.96 c/lb. The corn futures market trades at 436-6 and the ethanol Chicago trades at 1.64750s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.310 whereas USD was trading with BRL at 5.4670 Crude WTI traded at $57.82 a barrel. Sensex closed 426.86 points up at 84,818.13 whereas Nifty closed 140.55 points higher at 25,898.55.
News Round-Up
Govt’s priority is to ensure sufficient sugar availability in domestic market at reasonable prices: Minister informs Lok Sabha
EBP Programme results in substitution of more than 260 lakh metric tonnes of crude oil: Minister
EBP Programme results in substitution of more than 260 lakh metric tonnes of crude oil: Minister
Sucro announces Guyana Sugar Refinery Joint Venture
