ChiniMandi, Mumbai: 15th Sep 2025
Domestic Market
Weak sentiment witnessed in domestic sugar prices
Sugar prices in the major domestic markets reported to be weak in the major markets. Prices in the major markets reported to be weaker by Rs 10 per quintal on dull off take. As prices are currently trading at multi-year highs stockists or end users are buying need based.
However, due to tight stock availability and an anticipated delay in the start of crushing operations, particularly in Karnataka. With the festive season approaching, demand is likely to stay strong, providing continued support to prices.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is being traded in the range of ₹3,940–₹4,030 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar is quoted between ₹3,840 and ₹3,880 per quintal.
Ex-mill Sugar Prices as on Sep, 15 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3875 to 3905 |
₹3925 to 3945 |
|
South Karnataka |
₹3950 to 4000 |
₹4015 to 4050 |
|
Uttar Pradesh |
– |
₹3940 to 4030 |
|
Gujarat |
₹3890 to 3921 |
₹3911 to 3961 |
|
Tamil Nadu |
₹4050 to 4150 |
₹4125 to 4200 |
|
Madhya Pradesh |
₹3940 to 3965 |
₹4010 to 4035 |
|
Punjab |
– |
₹4020 to 4181 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Sep, 15 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,368.00 |
|
Kanpur |
M/30 |
₹4,347.00 |
|
Kolhapur |
M/30 |
₹4,110.75 |
|
Kolkata |
M/30 |
₹4,441.50 |
|
Muzaffarnagar |
M/30 |
₹4,200.00 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,357.50 |
|
Chennai |
M/30 |
₹4,515.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $454-00 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.83 c/lb. The corn futures market trades at 426-0 and the ethanol Chicago trades at 2.01500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.160 whereas USD was trading with BRL at 5.3549 Crude WTI traded at $63.02 a barrel. Sensex closed 118.96 points down at 81,785.74 whereas Nifty closed 44.80 points lower at 25,069.20.
News Round-Up
Indian firm to build Zimbabwe’s largest sugar mill with USD 170 million investment
Indian firm to build Zimbabwe’s largest sugar mill with USD 170 million investment
Ethanol boost: AM Green plans to set up more biorefineries, says CTO after commissioning of Assam biorefinery
