ChiniMandi, Mumbai: 14th July 2025
Domestic Market
Domestic sugar prices were stable to weak
Domestic sugar prices in key markets were reported to be constant or lower due to slow demand. Prices were estimated to be Rs 20-30 per quintal lower in the major Maharashtra, Karnataka, and Uttar Pradesh markets. Rainfall activity resumed after a brief hiatus across the Southern states, which should keep demand low.
Heavy rains in Central and Western India have disrupted business operations. Demand is claimed to be low; despite the lower monthly allotment, offtake is exceptionally slow, keeping prices in check.
M-grade sugar prices between Rs 3,840 and Rs 3,920 a quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,700 and Rs 3,730 in Kolhapur.
Ex-mill Sugar Prices as onย July, 14 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3740 to 3760 |
โน3800 to 3840 |
|
South Karnataka |
โน3900 to 3915 |
– |
|
Uttar Pradesh |
|
โน3840 to 3920 |
|
Gujarat |
โน3781 to 3801 |
โน3811 to 3841 |
|
Tamil Nadu |
โน3970 to 4165 |
โน4030 to 4200 |
|
Madhya Pradesh |
โน3840 to 3855 |
โน3910 to 3925 |
|
Punjab |
โน3930 to 4011 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 14 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,200.00 |
|
Kanpur |
M/30 |
โน4,179.00 |
|
Kolhapur |
M/30 |
โน3,990.00 |
|
Kolkata |
M/30 |
โน4,263.00 |
|
Muzaffarnagar |
M/30 |
โน4,063.50 |
|
Ahmedabad |
M/30 |
โน4,011.00 |
|
Bangaluru |
M/30 |
โน4,231.50 |
|
Chennai |
M/30 |
โน4,357.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $475.10 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.47 c/lb. The corn futures market trades at 399-0 and the ethanol Chicago trades at 1.72500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 85.983 whereas USD was trading with BRL at 5.5570 Crude WTI traded at $69.43 barrel. Sensex closed 247.01 points down at 82,253.46 whereas Nifty closed 67.55 points lower at 25,082.30.
News Round-Up
Sugar boards in schools: Experts urge Government to take balanced approach on food
Sugar boards in schools: Experts urge Government to take balanced approach on food
Philippines: Sugar Regulatory Administration eyes mass production of fungi to combat RSSI infestation
Farmers suggest government takeover of Naraingarh sugar mill to Haryana CM
Farmers suggest government takeover of Naraingarh sugar mill to Haryana CM
