ChiniMandi, Mumbai: 10th July 2025
Domestic Market
Domestic sugar prices traded steady to higher
Domestic sugar prices in the key markets were reported to be constant or increasing. Prices were reported to be Rs 10 per quintal higher in Maharashtra and Karnataka, but remained stable in Uttar Pradesh.
Heavy rains in Central and portions of India has had an impact on trading activity. Demand is stated to be quite poor; although the monthly quota was lower, offtake is very slow, keeping prices under check.
M-grade sugar prices between Rs 3,860 and Rs 3,940 per quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,720 and Rs 3,750 in Kolhapur.
Ex-mill Sugar Prices as on July, 10 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3745 to 3765 |
₹3825 to 3865 |
|
South Karnataka |
₹3880 to 3925 |
3880 |
|
Uttar Pradesh |
|
₹3860 to 3940 |
|
Gujarat |
₹3765 to 3791 |
₹3801 to 3831 |
|
Tamil Nadu |
₹4000 to 4175 |
₹4075 to 4200 |
|
Madhya Pradesh |
₹3835 to 3850 |
₹3825 to 3920 |
|
Punjab |
₹3930 to 4101 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 10 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,221.00 |
|
Kanpur |
M/30 |
₹4,200.00 |
|
Kolhapur |
M/30 |
₹4,011.00 |
|
Kolkata |
M/30 |
₹4,263.00 |
|
Muzaffarnagar |
M/30 |
₹4,105.50 |
|
Ahmedabad |
M/30 |
₹4,011.00 |
|
Bangaluru |
M/30 |
₹4,231.50 |
|
Chennai |
M/30 |
₹4,357.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $485.50 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.40 c/lb. The corn futures market trades at 412-0 and the ethanol Chicago trades at 1.72250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 85.677 whereas USD was trading with BRL at 5.5625 Crude WTI traded at $67.34 barrel. Sensex closed 345.80 points down at 83,190.28 whereas Nifty closed 120.85 points lower at 25,355.25.
News Round-Up
Flex-Fuel synergy: India taps Brazil’s expertise for sustainable future
Flex-Fuel synergy: India taps Brazil’s expertise for sustainable future
Two sugar mills to be revived in Odisha
Indian trade delegation to visit Washington as India-US trade talks enter final stage: Report
Indian trade delegation to visit Washington as India-US trade talks enter final stage: Report
