ChiniMandi, Mumbai: 7th Aug 2025
Domestic Market
Domestic sugar prices were stable
After rising by Rs 120-150 per quintal over the last 5 to 6 sessions, domestic sugar prices in the major markets were reported stable for the third session. Lower monthly quota amidst the good festive demand led to sharp rise in prices during the previous week and prices are trading steady after.
Currently, M-grade sugar is selling between Rs 4,000 and Rs 4,100 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar prices in Kolhapur, Maharashtra, range from Rs 3,870 to Rs 3,910 per quintal.
Ex-mill Sugar Prices as on Aug, 7 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3880 to 3900 |
₹3930 to 3970 |
|
South Karnataka |
₹3980 to 4000 |
₹4050 |
|
Uttar Pradesh |
– |
₹4000 to 4100 |
|
Gujarat |
₹3911 to 3931 |
₹3861 to 3961 |
|
Tamil Nadu |
₹4050 to 4175 |
₹4100 to 4225 |
|
Madhya Pradesh |
₹4010 to 4035 |
₹4080 to 4100 |
|
Punjab |
₹4050 to 4301 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 7 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,378.50 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹4,158.00 |
|
Kolkata |
M/30 |
₹4,462.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,221.00 |
|
Bangaluru |
M/30 |
₹4,368.00 |
|
Chennai |
M/30 |
₹4,483.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $470.00 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.24 c/lb. The corn futures market trades at 382-6 and the ethanol Chicago trades at 1.75750s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.450 whereas USD was trading with BRL at 6.25083 Crude WTI traded at $64.76 a barrel. Sensex closed 79.27 points up at 80623.26 whereas Nifty closed 21.95 points higher at 24596.15
News Round-Up
9 new sugar mills established in Karnataka and 7 in Maharashtra in last 5 years: Centre
9 new sugar mills established in Karnataka and 7 in Maharashtra in last 5 years: Centre
India’s achievement of 20% ethanol blending target ahead of schedule is landmark development in country’s energy transition: Tarun Sawhney
