ChiniMandi, Mumbai: 8th July 2025
Domestic Market
Domestic sugar prices were mostly stable
Domestic sugar prices in the major markets were reported to be mostly stable. Heavy rainfall activity in Central and parts of India has impacted the trading activity to some extent. Demand is said to be very weak, although monthly quota was lower but off take is very sluggish which is keeping prices under control.
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, 08 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3740 to 3760 |
₹3820 to 3860 |
|
South Karnataka |
₹3880 to 3925 |
3880 |
|
Uttar Pradesh |
|
₹3870 to 3950 |
|
Gujarat |
₹3765 to 3791 |
₹3801 to 3831 |
|
Tamil Nadu |
₹4000 to 4175 |
₹4075 |
|
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, 08 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 $476.30 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.29 c/lb. The corn futures market trades at 416-2 and the ethanol Chicago trades at 1.68500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 85.645 whereas USD was trading with BRL at 5.4550 Crude WTI traded at $67.90 barrel. Sensex closed 270.01 points up at 83,712.51 whereas Nifty closed 61.20 points higher at 25,522.50.
News Round-Up
Madhya Pradesh attracts investment interest in ethanol, food processing and other sectors
Madhya Pradesh attracts investment interest in ethanol, food processing and other sectors
Saharanpur: Sugar mills receive warning of FIR over delayed cane payments
Saharanpur: Sugar mills receive warning of FIR over delayed cane payments
“Maize production must grow at 8-9 per cent annually to support India’s ethanol blending target of E30”
