ChiniMandi, Mumbai: 16th July 2025
Domestic Market
Domestic sugar prices were stable to lower
Domestic sugar prices in key markets were reported to be constant or lower on sluggish buying activity. Prices were reported to be Rs 10-20 per quintal lower in the major markets of Uttar Pradesh and North India but remained stable in Maharashtra, and Karnataka markets. Rainfall activity resumed after a brief hiatus across the Southern states, which should keep demand low.
M-grade sugar prices between Rs 3,830 and Rs 3,910 a quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,705 and Rs 3,730 in Kolhapur.
Ex-mill Sugar Prices as on July, 16 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3745 to 3765 |
₹3805 to 3845 |
|
South Karnataka |
₹3860 to 3915 |
– |
|
Uttar Pradesh |
|
₹3830 to 3910 |
|
Gujarat |
₹3816 to 3841 |
₹3846 to 3881 |
|
Tamil Nadu |
₹3970 to 4165 |
₹4030 to 4200 |
|
Madhya Pradesh |
₹3840 to 3855 |
₹3910 to 3925 |
|
Punjab |
₹3920 to 4021 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 16 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,189.50 |
|
Kanpur |
M/30 |
₹4,158.00 |
|
Kolhapur |
M/30 |
₹3,995.25 |
|
Kolkata |
M/30 |
₹4,263.00 |
|
Muzaffarnagar |
M/30 |
₹4,053.00 |
|
Ahmedabad |
M/30 |
₹4,011.00 |
|
Bangaluru |
M/30 |
₹4,231.50 |
|
Chennai |
M/30 |
₹4,357.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $478.00 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.51 c/lb. The corn futures market trades at 406-4 and the ethanol Chicago trades at 1.75250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 85.978 whereas USD was trading with BRL at 5.5571 Crude WTI traded at $65.69 barrel. Sensex closed 63.57 points up at 82634.48 whereas Nifty closed 16.25 points higher at 25212.05
International Market
Revenues of sugar mills in India to increase by 6-8 per cent: ICRA
Revenues of sugar mills in India to increase by 6-8 per cent: ICRA
ESY 2024–25: 661 crore liters of ethanol blended during Nov 24–Jun 25
ESY 2024–25: 661 crore liters of ethanol blended during Nov 24–Jun 25
Trump cuts tariff on Indonesian imports to 19 per cent under new trade deal
Trump cuts tariff on Indonesian imports to 19 per cent under new trade deal
