ChiniMandi, Mumbai: 3rd May 2025
Domestic Market
Sugar prices were reported to be stable
After a marginal rise in yesterday’s session, domestic sugar prices were reported to be stable on good demand. As sugarcane FRP has been increased there are demand for increase in sugar MSP which is likely to keep sentiment positive in the coming days. Demand is said to be goos with above normal temperatures across the country.
The Central Government has meanwhile approved a Rs 15 per quintal rise in the FRP of sugarcane for the crushing season 2025–26. Based on a 10.25% sugar recovery rate, the new FRP stands at Rs. 355 per quintal with this climb from the current Rs. 340 per quintal.
Although sugar industry bodies in India have welcomed the government’s decision following the rise in the sugarcane Fair and Remunerative Price (FRP), they have also urged an increase in the Minimum Selling Price (MSP) of sugar. While sugarcane FRP is rising yearly, sugar MSP is maintained steady from 2019.
At Kolhapur, S-grade sugar runs between Rs 3,790 and Rs 3,850 per quintal; M-grade sugar runs between Rs 4,020 and Rs 4,150 in Muzaffarnagar.+
Ex-mill Sugar Prices as on May, 3 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3800 to 3840 |
₹3890 to 3910 |
|
South Karnataka |
₹4075 |
₹4125 |
|
Uttar Pradesh |
|
₹4020 to 4150 |
|
Gujarat |
₹3831 to 3871 |
₹3911 to 3961 |
|
Tamil Nadu |
₹4150 to 4250 |
₹4210 to 4300 |
|
Madhya Pradesh |
₹3965 to 3985 |
₹4035 to 4055 |
|
Punjab |
₹4130 to 4245 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on May, 3 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,336.50 |
|
Kanpur |
M/30 |
₹4,305.00 |
|
Kolhapur |
M/30 |
₹4,089.75 |
|
Kolkata |
M/30 |
₹4,368.00 |
|
Muzaffarnagar |
M/30 |
₹4,284.00 |
|
Ahmedabad |
M/30 |
₹4,147.50 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,357.50 |
News Round-Up
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Key points of the Sugar (Control) Order, 2025 for sugar traders, big chain retailer and others
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