Daily Sugar Market Update By Vizzie – 11/12/2025

ChiniMandi, Mumbai: 11th Dec 2025

Domestic Market
Domestic sugar prices continue to trade lower

Domestic sugar prices continued to exhibit a weak tone across major markets as crushing activity gained momentum. With mills steadily increasing output, buyers remained cautious, anticipating ample supplies in the coming weeks. This resulted in a downtrend of about тВ╣10тАУтВ╣20 per quintal across most producing states.

In Maharashtra, around 181 mills are currently operational and have collectively produced approximately 2.6 MMT of sugar, with a recovery rate of 8.2%. The combination of below-normal temperatures and improved cane quality has supported higher recovery levels compared to last year.

In the key physical markets, prices also reflected this softer sentiment. M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted between тВ╣3,950 and тВ╣4,060 per quintal. Meanwhile, S-grade sugar in Kolhapur (Maharashtra) traded in the range of тВ╣3,650тАУтВ╣3,700 per quintal, marking a continued mild decline in spot values. Overall, the market remains under slight pressure, driven primarily by the ongoing crush and expectations of comfortable supply ahead.

Ex-mill Sugar Prices as on Dec, 11 2025 :┬а

State

S/30┬а

[Rates per Quintal]┬а

M/30

[Rates per Quintal]┬а

Maharashtra

тВ╣3730 to 3740

тВ╣3780 to 3790

South Karnataka

тВ╣3950

тВ╣4000

Uttar Pradesh

┬а –

тВ╣3950 to 4060

Gujarat

тВ╣3791 to 3811

тВ╣3851 to 3871

Tamil Nadu

тВ╣3960 to 4100

тВ╣4010 to 4150

Madhya Pradesh

тВ╣3781 to 4030

тВ╣3815 to 3980

Punjab

тВ╣4130 to 4170

(All the above rates are excluding GST)

Destination-wise Spot Prices as on Dec, 11 2025 :┬а

City┬а

Grade┬а

Rate┬а

Delhi

M/30

тВ╣4,315.50

Kanpur

M/30

тВ╣4,336.50

Kolhapur

M/30

тВ╣3,927.00

Kolkata

M/30

тВ╣4,347.00

Muzaffarnagar

M/30

тВ╣4,200.00

Ahmedabad

M/30

тВ╣4,158.00

Bangaluru

M/30

тВ╣4,263.00

Chennai

M/30

тВ╣4,347.00

International Market

At the time of writing this update London White Sugar #The 5 front month contract is trading at $427.40 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.96 c/lb. The corn futures market trades at 436-6 and the ethanol Chicago trades at 1.64750s.

Currency, Commodity & Indian Indices

The rupee traded against the US dollar at 90.310 whereas USD was trading with BRL at 5.4670 Crude WTI traded at $57.82 a barrel. Sensex closed 426.86 points up at 84,818.13 whereas Nifty closed 140.55 points higher at 25,898.55.

News Round-Up

GovtтАЩs priority is to ensure sufficient sugar availability in domestic market at reasonable prices: Minister informs Lok Sabha

GovtтАЩs priority is to ensure sufficient sugar availability in domestic market at reasonable prices: Minister informs Lok Sabha

EBP Programme results in substitution of more than 260 lakh metric tonnes of crude oil: Minister

EBP Programme results in substitution of more than 260 lakh metric tonnes of crude oil: Minister

Sucro announces Guyana Sugar Refinery Joint Venture

Sucro announces Guyana Sugar Refinery Joint Venture

 

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