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 In Karnataka, farmers have withdrawn their protest following the fixation of cane prices at ₹3,300 per tonne for 11.25% recovery and ₹3,000 per MT for 10.25% recovery, inclusive of a ₹100 per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 ₹3,740 and ₹3,775 per quintal.
Ex-mill Sugar Prices as on Nov, 11 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3770 to 3790 |
₹3800 to 3820 |
|
South Karnataka |
₹4020 |
₹4070 |
|
Uttar Pradesh |
– |
₹4000 to 4080 |
|
Gujarat |
₹3831 to 3871 |
₹3831 to 3871 |
|
Tamil Nadu |
₹4075 to 4150 |
₹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, 11 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,326.00 |
|
Kolhapur |
M/30 |
₹3,984.75 |
|
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 |
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 Innova® Delta set to transform ethanol production in India
Novonesis Innova® Delta set to transform ethanol production in India
