ChiniMandi, Mumbai: 10th Sep 2025
Domestic Market
Domestic sugar prices reported stable
After a brief rise for a session, sugar prices in the major domestic markets were reported to be stable on good demand. Prices are trading at multi year high on lower available stocks and expected delay in start of crushing especially over Karnataka.
As crushing is expected to delay and limited stocks left with the millers, prices are expected to remain supported in the coming months. As festivals are lined up in the coming months, demand is expected to remain good supporting the prices.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is trading between ₹3,960 and ₹4,050 per quintal, while in Kolhapur, Maharashtra, S-grade sugar is quoted in the range of ₹3,850 to ₹3,890 per quintal.
Ex-mill Sugar Prices as on Sep, 10 2025 :
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
Maharashtra |
₹3875 to 3905 |
₹3925 to 3945 |
South Karnataka |
₹3980 to 4050 |
₹3980 to 4100 |
Uttar Pradesh |
– |
₹3960 to 4050 |
Gujarat |
₹3890 to 3921 |
₹3911 to 3961 |
Tamil Nadu |
₹4075 to 4150 |
₹4150 to 4200 |
Madhya Pradesh |
₹3960 to 3985 |
₹4030 to 4055 |
Punjab |
– |
₹4000 to 4301 |
(All the above rates are excluding GST) |
Destination-wise Spot Prices as on Sep, 10 2025 :
City |
Grade |
Rate |
Delhi |
M/30 |
₹4,378.50 |
Kanpur |
M/30 |
₹4,357.50 |
Kolhapur |
M/30 |
₹4,126.50 |
Kolkata |
M/30 |
₹4,452.00 |
Muzaffarnagar |
M/30 |
₹4,210.50 |
Ahmedabad |
M/30 |
₹4,137.00 |
Bangaluru |
M/30 |
₹4,357.50 |
Chennai |
M/30 |
₹4,515.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $487.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.90 c/lb. The corn futures market trades at 401-2 and the ethanol Chicago trades at 1.99000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.124 whereas USD was trading with BRL at 5.4312 Crude WTI traded at $63.37 a barrel. Sensex closed 323.83 points up at 81425.15 whereas Nifty closed 104.50 points higher at 24973.10
News Round-Up
Ethanol success to SAF leadership: Praj and IFGE leaders outline roadmap to global leadership
Ethanol success to SAF leadership: Praj and IFGE leaders outline roadmap to global leadership
Ethanol boost: Suzuki to launch FFV automobile models in India within this fiscal year
Ethanol boost: Suzuki to launch FFV automobile models in India within this fiscal year
GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB
GST cuts will boost consumption by Rs 1 lakh crore in FY26, inflation to decline by 40 bps: BoB