ChiniMandi, Mumbai: 19th Dec 2025
Domestic Market
Domestic sugar prices traded weak
Domestic sugar prices were reported largely weak in today’s session, pressured by ample availability as the crushing season continues to progress steadily. In addition, the disparity in export realizations and relatively higher domestic price levels are expected to weigh further on market sentiment.
In Maharashtra, around 189 mills are currently operational, producing approximately 3.44 million metric tonnes of sugar with an average recovery of 8.46%. With crushing operations running smoothly across key producing states, buyers remained cautious, factoring in comfortable supply prospects in the coming weeks. Consequently, overall market sentiment continued to stay on the softer side.
Spot prices in major physical markets reflected this subdued tone. In Muzaffarnagar, Uttar Pradesh, M-grade sugar was quoted in the range of ₹3,940–₹4,010 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded slightly lower at ₹3,630–₹3,680 per quintal, extending the gradual decline witnessed over recent sessions.
Ex-mill Sugar Prices as on Dec, 19 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3690 to 3700 |
₹3740 to 3750 |
|
South Karnataka |
₹3900 |
₹3950 |
|
Uttar Pradesh |
– |
₹3940 to 4010 |
|
Gujarat |
₹3751 to 3791 |
₹3811 to 3851 |
|
Tamil Nadu |
₹3925 to 4100 |
₹3985 to 4150 |
|
Madhya Pradesh |
₹3795 to 3840 |
₹3865 to 3910 |
|
Punjab |
– |
₹4050 to 4070 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 19 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,273.50 |
|
Kanpur |
M/30 |
₹4,294.50 |
|
Kolhapur |
M/30 |
₹3,927.00 |
|
Kolkata |
M/30 |
₹4,305.00 |
|
Muzaffarnagar |
M/30 |
₹4,158.00 |
|
Ahmedabad |
M/30 |
₹4,095.00 |
|
Bangaluru |
M/30 |
₹4,242.00 |
|
Chennai |
M/30 |
₹4,315.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $419.50 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.65 c/lb. The corn futures market trades at 443-4 and the ethanol Chicago trades at 1.66000s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 89.912 whereas USD was trading with BRL at 5.5220 Crude WTI traded at $56.22 a barrel. Sensex closed 447.55 points up at 84,929.36 whereas Nifty closed 150.85 points higher at 25,966.40.
News Round-Up
Government studying feasibility of sweet sorghum as alternate ethanol feedstock
Government studying feasibility of sweet sorghum as alternate ethanol feedstock
Karnataka Assembly adopts resolution seeking immediate hike in state’s ethanol quota
Karnataka Assembly adopts resolution seeking immediate hike in state’s ethanol quota
India sugar industry seeks MSP revision, higher ethanol prices to tackle surplus stock
India sugar industry seeks MSP revision, higher ethanol prices to tackle surplus stock
