ChiniMandi, Mumbai: 8th Oct 2025
Domestic Market
Domestic sugar prices were steady to weak
Sugar prices in the major domestic markets were reported stable to weak. Prices eased by ₹10–20 per quintal amid sluggish demand at elevated price levels in Uttar Pradesh while remained steady in Maharashtra and Karnataka. Prices are weighed down, as prices had rallied in Uttar Pradesh in the recent sessions. Despite the minor correction, prices continue to hover near multi-year highs, supported by tight stock availability and limited supply in the physical market.
Regionally, prices continue to show underlying firmness. In Muzaffarnagar (Uttar Pradesh), M-grade sugar is quoted between ₹4,050–₹4,140 per quintal, while in Kolhapur (Maharashtra), S-grade sugar is trading in the range of ₹3,830–₹3,880 per quintal.
Ex-mill Sugar Prices as on Oct, 08 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3860 to 3890 |
₹3910 to 3930 |
|
South Karnataka |
₹3925 to 3935 |
₹3985 |
|
Uttar Pradesh |
– |
₹4050 to 4140 |
|
Gujarat |
₹3891 to 3941 |
₹3891 to 3941 |
|
Tamil Nadu |
₹4000 to 4100 |
₹4050 to 4150 |
|
Madhya Pradesh |
₹4005 to 4015 |
₹4075 to 4085 |
|
Punjab |
– |
₹4080 to 4321 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 08 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,399.50 |
|
Kanpur |
M/30 |
₹4,389.00 |
|
Kolhapur |
M/30 |
₹4,095.00 |
|
Kolkata |
M/30 |
₹4,431.00 |
|
Muzaffarnagar |
M/30 |
₹4,294.50 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,357.50 |
|
Chennai |
M/30 |
₹4,504.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $459.80 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.67 c/lb. The corn futures market trades at 419-4 and the ethanol Chicago trades at 1.94000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.736 whereas USD was trading with BRL at 5.3400 Crude WTI traded at $62.78 a barrel. Sensex closed 153.09 points down at 81773.86 whereas Nifty closed 62.15 points lower at 25046.15.
News Round-Up
Sanjay Kolte appointed as Maharashtra’s new sugar commissioner
Sanjay Kolte appointed as Maharashtra’s new sugar commissioner
ESY 2025-26: OMCs receive 1,776 crore litres of offers against requirement of 1,050 crore litres of ethanol
ICAR actively developing and promoting multiple disease-resistant sugarcane varieties to improve recovery rates
