ChiniMandi, Mumbai: 6th Oct 2025
Domestic Market
Domestic sugar prices remained stable
Sugar prices across major domestic markets remain largely steady, supported by strong offtake despite being at elevated levels. Prices are currently hovering near multi-year highs, primarily due to tight stock availability.
Weather conditions have turned favorable for sugarcane development, as dry weather has followed the earlier heavy rains in key growing regions of Maharashtra and northern Karnataka. Meanwhile, the withdrawal of the southwest monsoon has stalled and is expected to remain so for the next 8โ10 days. The recent rainfall activity, particularly over north Karnataka and Maharashtra, is likely to delay the commencement of crushing operations.
Regionally, prices continue to exhibit firmness. In Muzaffarnagar, Uttar Pradesh, M-grade sugar is quoted between โน4,070 and โน4,150 per quintal, while in Kolhapur, Maharashtra, S-grade sugar is trading in the range of โน3,840 to โน3,890 per quintal.
Ex-mill Sugar Prices as onย Oct, 06 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3870 to 3900 |
โน3920 to 3940 |
|
South Karnataka |
โน3925 to 3935 |
โน3975 to 3985 |
|
Uttar Pradesh |
ย – |
โน4070 to 4150 |
|
Gujarat |
โน3901 to 3951 |
โน3901 to 3951 |
|
Tamil Nadu |
โน4000 to 4100 |
โน4050 to 4150 |
|
Madhya Pradesh |
โน3995 to 4005 |
โน4065 to 4075 |
|
Punjab |
– |
โน4140 to 4351 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 06 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,420.50 |
|
Kanpur |
M/30 |
โน4,410.00 |
|
Kolhapur |
M/30 |
โน4,105.50 |
|
Kolkata |
M/30 |
โน4,441.50 |
|
Muzaffarnagar |
M/30 |
โน4,315.50 |
|
Ahmedabad |
M/30 |
โน4,168.50 |
|
Bangaluru |
M/30 |
โน4,368.00 |
|
Chennai |
M/30 |
โน4,515.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $464.10 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.72 c/lb. The corn futures market trades at 419-4 and the ethanol Chicago trades at 1.99250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.787 whereas USD was trading with BRL at 5.3350 Crude WTI traded at $61.60 a barrel. Sensex closed 582.95 points up at 81790.12 whereas Nifty closed 183.40 points higher at 25077.65
News Round-Up
Hardeep Singh Puri holds talks with Brazilian officials on mutual cooperation in E&P activities, ethanol blending
Revised GST rate from 12% to 5% on refined sugar will make sugar 6-7% cheaper at wholesale level: Govt
Fadnavis clarifies sugarcane levy will come from mill profits, not farmersโ earnings
Fadnavis clarifies sugarcane levy will come from mill profits, not farmersโ earnings
