ChiniMandi, Mumbai: 12th Aug 2025
Domestic Market
Domestic sugar prices started to trade higher
Domestic sugar prices were reported to be higher with good off take. After a muted session for 5-6 sessions, prices inched higher by Rs 10-15 per quintal across the major markets. After lower monthly quota, prices have increased by Rs 120-150 per quintal in the last 10-12 sessions.
Currently, M-grade sugar is selling between Rs 3,990 and Rs 4,100 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar prices in Kolhapur, Maharashtra, range from Rs 3,875 to Rs 3,910 per quintal.
Ex-mill Sugar Prices as on Aug, 12 2025 :
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
Maharashtra |
₹3870 to 3900 |
₹3930 to 3950 |
South Karnataka |
₹3980 to 4000 |
₹4000 to 4050 |
Uttar Pradesh |
– |
₹3990 to 4100 |
Gujarat |
₹3941 to 3961 |
₹3971 to 4,001 |
Tamil Nadu |
₹4050 to 4200 |
₹4100 to 4250 |
Madhya Pradesh |
₹4020 to 4035 |
₹4095 to 4105 |
Punjab |
₹4090 to 4201 |
|
(All the above rates are excluding GST) |
Destination-wise Spot Prices as on Aug, 12 2025 :
City |
Grade |
Rate |
Delhi |
M/30 |
₹4,389.00 |
Kanpur |
M/30 |
₹4,357.50 |
Kolhapur |
M/30 |
₹4,152.75 |
Kolkata |
M/30 |
₹4,462.50 |
Muzaffarnagar |
M/30 |
₹4,263.00 |
Ahmedabad |
M/30 |
₹4,221.00 |
Bangaluru |
M/30 |
₹4,357.50 |
Chennai |
M/30 |
₹4,483.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $482.50 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.80 c/lb. The corn futures market trades at 382-6 and the ethanol Chicago trades at 1.77500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.714 whereas USD was trading with BRL at 5.4424 Crude WTI traded at $63.56 a barrel. Sensex closed 368.49 points down at 80,235.59 whereas Nifty closed 97.65 points lower at 24,487.40.
News Round-Up
Govt gives detailed response on concerns of 20% blending of ethanol in petrol: What every vehicle owner needs to know
Direct tax collections dip 3.95% due to rise in tax refunds
Centre has taken cognizance of recent policy changes on denatured ethanol by certain State governments: Minister