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 โน10โ20 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 โน4,050โโน4,140 per quintal, while in Kolhapur (Maharashtra), S-grade sugar is trading in the range of โน3,830โโน3,880 per quintal.
Ex-mill Sugar Prices as onย Oct, 08 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3860 to 3890 |
โน3910 to 3930 |
|
South Karnataka |
โน3925 to 3935 |
โน3985 |
|
Uttar Pradesh |
ย – |
โน4050 to 4140 |
|
Gujarat |
โน3891 to 3941 |
โน3891 to 3941 |
|
Tamil Nadu |
โน4000 to 4100 |
โน4050 to 4150 |
|
Madhya Pradesh |
โน4005 to 4015 |
โน4075 to 4085 |
|
Punjab |
– |
โน4080 to 4321 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 08 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,399.50 |
|
Kanpur |
M/30 |
โน4,389.00 |
|
Kolhapur |
M/30 |
โน4,095.00 |
|
Kolkata |
M/30 |
โน4,431.00 |
|
Muzaffarnagar |
M/30 |
โน4,294.50 |
|
Ahmedabad |
M/30 |
โน4,158.00 |
|
Bangaluru |
M/30 |
โน4,357.50 |
|
Chennai |
M/30 |
โน4,504.50 |
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 Maharashtraโs new sugar commissioner
Sanjay Kolte appointed as Maharashtraโs 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
