Daily Sugar Market Update By Vizzie – 08/07/2025

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 : 

Destination-wise Spot Prices as on July, 08 2025 : 

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”

“Maize production must grow at 8-9 per cent annually to support India’s ethanol blending target of E30”