ChiniMandi, Mumbai: 11th Nov 2025
Domestic Market
Domestic sugar prices were stable to weak
Domestic sugar prices were reported to be stable to weak in the major markets, with demand continuing to be need-based and overall offtake remaining limited. Prices in Kolhapur and Northern Karnataka reported lower by Rs 5-10 per quintal. In Karnataka, farmers have withdrawn their protest following the fixation of cane prices at โน3,300 per tonne for 11.25% recovery and โน3,000 per MT for 10.25% recovery, inclusive of a โน100 per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 โน4,000โ4,080 per quintal, while S-grade sugar in Kolhapur (Maharashtra) traded between โน3,740 and โน3,775 per quintal.
Ex-mill Sugar Prices as on Nov, 11 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3770 to 3790 |
โน3800 to 3820 |
|
South Karnataka |
โน4020 |
โน4070 |
|
Uttar Pradesh |
ย – |
โน4000 to 4080 |
|
Gujarat |
โน3831 to 3871 |
โน3831 to 3871 |
|
Tamil Nadu |
โน4075 to 4150 |
โน4150 |
|
Madhya Pradesh |
โน3920 to 3975 |
โน3990 to 4045 |
|
Punjab |
– |
โน3850 to 4201 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 11 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,347.00 |
|
Kanpur |
M/30 |
โน4,326.00 |
|
Kolhapur |
M/30 |
โน3,984.75 |
|
Kolkata |
M/30 |
โน4,368.00 |
|
Muzaffarnagar |
M/30 |
โน4,221.00 |
|
Ahmedabad |
M/30 |
โน4,137.00 |
|
Bangaluru |
M/30 |
โน4,273.50 |
|
Chennai |
M/30 |
โน4,357.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $407.20 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.29 c/lb. The corn futures market trades at 429-6 and the ethanol Chicago trades at 1.79000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.553 whereas USD was trading with BRL at 5.2912 Crude WTI traded at $60.43 a barrel. Sensex closed 335.97 points up at 83871.32 whereas Nifty closed 120.60 points higher at 25694.95
News Round-Up
Maharashtra: Pankaja Munde says no role in sugar factory sale
Maharashtra: Pankaja Munde says no role in sugar factory sale
Picadilly sugar mill to start new crushing season on November 23
Picadilly sugar mill to start new crushing season on November 23
Novonesis Innovaยฎ Delta set to transform ethanol production in India
Novonesis Innovaยฎ Delta set to transform ethanol production in India
