Daily Sugar Market Update By Vizzie – 11/01/2025

ChiniMandi, Mumbai: 11th Jan 2025

Domestic Market

Domestic prices traded higher again

Domestic sugar prices in major markets have reported higher by Rs 10 per quintal. According to market sources, demand is strong, keeping prices at a one-month high. In addition to the lower availability of sugar, rumors of an increase in MSP are boosting sentiment in the spot markets.

S-grade sugar in Kolhapur costs between Rs 3,430 and 3,470 per quintal, while M-grade sugar in Muzaffarnagar costs Rs 3,840 to 3,900. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,360 and Rs 3,480 per quintal in the near future.

Ex-mill Sugar Prices as onย  Jan, 11 2025 :ย 

State

S/30ย 

[Rates per Quintal]ย 

M/30

[Rates per Quintal]ย 

Maharashtra

โ‚น3420 to 3490

โ‚น3490 to 3590

South Karnataka

โ‚น3630 to 3675

โ‚น3680 to 3725

Uttar Pradesh

โ‚น3840 to 3900

Gujarat

โ‚น3541 to 3581

โ‚น3561 to 3641

Tamil Nadu

โ‚น3750 to 3900

โ‚น3850 to 3975

Madhya Pradesh

โ‚น3625 to 3675

โ‚น3695 to 3775

Punjab

โ‚น3950 to 4021

(All the above rates are excluding GST)

Destination-wise Spot Prices as onย  Jan, 11 2025 :ย 

Cityย 

Gradeย 

Rateย 

Delhi

M/30

โ‚น4,095.00

Kanpur

M/30

โ‚น4,063.50

Kolhapur

M/30

โ‚น3,738.00

Kolkata

M/30

โ‚น4,126.50

Muzaffarnagar

M/30

โ‚น4,058.25

Ahmedabad

M/30

โ‚น3,906.00

Bangaluru

M/30

โ‚น3,958.50

Chennai

M/30

โ‚น4,095.00

Uttar Pradesh: Cabinet may soon take decision on sugarcane price hike

Uttar Pradesh: Cabinet may soon take decision on sugarcane price hike

ARPA-E announces $38 million to develop new technologies to reduce ethanol-related emissions while lowering farmersโ€™ operating costs

ARPA-E announces $38 million to develop new technologies to reduce ethanol-related emissions while lowering farmersโ€™ operating costs

Piyush Goyal sets $100 billion export target for Food & Beverage, agri, and marine industries in next five years

Piyush Goyal sets $100 billion export target for Food & Beverage, agri, and marine industries in next five years

LEAVE A REPLY

Please enter your comment!
Please enter your name here