ChiniMandi, Mumbai: 10th Nov 2025
Domestic Market
Domestic sugar prices were stable; Farmers strike ended in Karnataka
Domestic sugar prices remained stable across major markets, with demand continuing to be need-based and overall offtake remaining limited. In Karnataka, farmers have withdrawn their protest following the fixation of cane prices at ₹3,300 per tonne for 11.25% recovery and ₹3,000 per MT for 10.25% recovery, inclusive of a ₹100 per tonne bonus.
The Government of India has permitted the export of 15 lakh tonnes of sugar and lifted the 50% export duty on molasses. However, given the recent plunge in global sugar prices, export contracts will need close monitoring. On a positive note, strong demand from the European Union for molasses is expected to support robust export activity in the coming months.
In regional markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted at ₹4,000–4,080 per quintal, while S-grade sugar in Kolhapur (Maharashtra) traded between ₹3,750 and ₹3,780 per quintal.
Ex-mill Sugar Prices as on Nov, 10 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3780 to 3800 |
₹3810 to 3830 |
|
South Karnataka |
₹3960 to 3975 |
₹4025 |
|
Uttar Pradesh |
– |
₹4000 to 4080 |
|
Gujarat |
₹3831 to 3871 |
₹3831 to 3871 |
|
Tamil Nadu |
₹4025 to 4100 |
₹4100 to 4150 |
|
Madhya Pradesh |
₹3920 to 3975 |
₹3990 to 4045 |
|
Punjab |
– |
₹3850 to 4201 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 10 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,326.00 |
|
Kolhapur |
M/30 |
₹3,990.00 |
|
Kolkata |
M/30 |
₹4,368.00 |
|
Muzaffarnagar |
M/30 |
₹4,221.00 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,357.50 |
News Round-Up
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Karnataka: Fire destroys 30 acres of sugarcane crop in Bhiradi village
ISMA welcomes govt’s decision to allow 15 LMT sugar exports; urges revision of sugar MSP and ethanol prices
