ChiniMandi, Mumbai: 1st Oct 2025
Domestic Market
Domestic sugar prices remained stable
Sugar prices across major domestic markets remained steady for the second session, supported by firm demand. Prices are currently at multi-year highs, primarily driven by tight stock availability in the domestic market.
Heavy rainfall, including instances of flooding, has been reported in key cane-growing regions of Maharashtra and Northern Karnataka. Meanwhile, the withdrawal of the monsoon has stalled and is expected to remain at its current position for the next 8–10 days.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is quoted at ₹4,020–₹4,120 per quintal, reflecting firmer pricing in northern markets. In comparison, S-grade sugar in Kolhapur, Maharashtra, is trading in the range of ₹3,850–₹3,900 per quintal, underscoring the regional price spread.
Ex-mill Sugar Prices as on Oct, 01 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3880 to 3910 |
₹3930 to 3950 |
|
South Karnataka |
Holiday |
Holiday |
|
Uttar Pradesh |
– |
₹4020 to 4120 |
|
Gujarat |
₹3911 to 3961 |
₹3911 to 3961 |
|
Tamil Nadu |
Holiday |
Holiday |
|
Madhya Pradesh |
₹4010 to 4020 |
₹4080 to 4090 |
|
Punjab |
– |
₹4150 to 4371 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 01 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,420.50 |
|
Kanpur |
M/30 |
₹4,410.00 |
|
Kolhapur |
M/30 |
₹4,116.00 |
|
Kolkata |
M/30 |
₹4,452.00 |
|
Muzaffarnagar |
M/30 |
₹4,273.50 |
|
Ahmedabad |
M/30 |
₹4,179.00 |
|
Bangaluru |
M/30 |
₹4,368.00 |
|
Chennai |
M/30 |
₹4,525.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $457.70 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.24 c/lb. The corn futures market trades at 412-4 and the ethanol Chicago trades at 1.96250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.712 whereas USD was trading with BRL at 5.3055 Crude WTI traded at $61.83 a barrel. Sensex closed 715.69 points up at 80983.31 whereas Nifty closed 225.20 points higher at 24836.30
News Round-Up
Maharashtra: Sugar mills sold ethanol worth Rs. 6,378 crore in 2024-25 season, says CM Fadnavis
Maharashtra: Sugar mills sold ethanol worth Rs. 6,378 crore in 2024-25 season, says CM Fadnavis
Unrestricted ethanol diversion is a critical step to help arrest the decline in sugar prices: Tarun Sawhney
Maharashtra: Amit Shah to inaugurate sugar mill expansion project
Maharashtra: Amit Shah to inaugurate sugar mill expansion project
