ChiniMandi, Mumbai: 9th Oct 2025
Domestic Market
Domestic sugar prices were reported stable to weak
Domestic prices reported to be stable to weak in the major markets. Sugar prices further eased by ₹10–20 per quintal amid sluggish demand at elevated price levels in Uttar Pradesh and Northern markets. While prices were reported stable in the major markets in Maharashtra and North Karnataka.
Regionally, prices continue to show underlying firmness. In Muzaffarnagar (Uttar Pradesh), M-grade sugar is quoted between ₹4,060–₹4,130 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, 09 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3860 to 3890 |
₹3910 to 3930 |
|
South Karnataka |
₹3920 to 3935 |
₹3985 |
|
Uttar Pradesh |
– |
₹4060 to 4130 |
|
Gujarat |
₹3891 to 3941 |
₹3891 to 3941 |
|
Tamil Nadu |
₹4000 to 4100 |
₹4050 to 4150 |
|
Madhya Pradesh |
₹3995 to 4005 |
₹4065 to 4075 |
|
Punjab |
– |
₹4080 to 4321 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 09 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,389.00 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹4,095.00 |
|
Kolkata |
M/30 |
₹4,410.00 |
|
Muzaffarnagar |
M/30 |
₹4,284.00 |
|
Ahmedabad |
M/30 |
₹4,147.50 |
|
Bangaluru |
M/30 |
₹4,347.00 |
|
Chennai |
M/30 |
₹4,473.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $449.30 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.27 c/lb. The corn futures market trades at 421-6 and the ethanol Chicago trades at 1.86750s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.780 whereas USD was trading with BRL at 5.3431 Crude WTI traded at $62.34 a barrel. Sensex closed 398.44 points up at 82172.10 whereas Nifty closed 135.65 points higher at 25181.80.
News Round-Up
Ethanol from corn generated an additional Rs 45,000 crore income for farmers: Nitin Gadkari
Ethanol from corn generated an additional Rs 45,000 crore income for farmers: Nitin Gadkari
Guyana receives proposal from Indian investor to set up sugar factory
Guyana receives proposal from Indian investor to set up sugar factory
Philippines: P2.4 billion budget expected for sugar industry; SRA says no plan for sugar imports
Philippines: P2.4 billion budget expected for sugar industry; SRA says no plan for sugar imports
