ChiniMandi, Mumbai: 7th July 2025
Domestic Market
Domestic sugar prices were stable to weak
Domestic sugar prices in the major markets were reported to be stable to weak. Uttar Pradesh prices were reported lower by Rs 10-20 per quintal while Maharashtra and Karnataka were reported stable.
Demand is said to be very weak, although monthly quota was lower but off take is very sluggish which is keeping prices under control. Moreover, good rains across the country and excess in Central India have impacted the trading activity to some extent.
M-grade sugar costs between Rs 3,870 and Rs 3,950 per quintal in Muzaffarnagar, whereas S-grade sugar costs between Rs 3,730 and Rs 3,750 in Kolhapur.
Ex-mill Sugar Prices as on July, 07 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3740 to 3760 |
₹3820 to 3860 |
|
South Karnataka |
₹3880 to 3925 |
3900 |
|
Uttar Pradesh |
|
₹3870 to 3950 |
|
Gujarat |
₹3765 to 3791 |
₹3801 to 3831 |
|
Tamil Nadu |
₹3950 to 4175 |
₹4075 to 4200 |
|
Madhya Pradesh |
₹3840 to 3870 |
₹3910 to 3925 |
|
Punjab |
₹3960 to 4131 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 07 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,231.50 |
|
Kanpur |
M/30 |
₹4,210.50 |
|
Kolhapur |
M/30 |
₹4,011.00 |
|
Kolkata |
M/30 |
₹4,273.50 |
|
Muzaffarnagar |
M/30 |
₹4,116.00 |
|
Ahmedabad |
M/30 |
₹4,021.50 |
|
Bangaluru |
M/30 |
₹4,242.00 |
|
Chennai |
M/30 |
₹4,378.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $475.60 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.23 c/lb. The corn futures market trades at 419-0 and the ethanol Chicago trades at 1.72250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 85.887 whereas USD was trading with BRL at 5.4464 Crude WTI traded at $67.10 barrel. Sensex closed 9.61 points up at 83,442.50 whereas Nifty closed 0.30 points higher at 25,461.30.
News Round-Up
Has sugar consumption dropped this season? Here’s what the industry says
Has sugar consumption dropped this season? Here’s what the industry says
Experts warn Nigeria’s sugar industry over dependence on sugar importation
Experts warn Nigeria’s sugar industry over dependence on sugar importation
Government to prepare new, stricter law to address problem of duplicate fertilisers and seeds
Government to prepare new, stricter law to address problem of duplicate fertilisers and seeds
