Daily Sugar Market Update By Vizzie -16/08/2025

ChiniMandi, Mumbai: 16th Aug 2025

Domestic Market
Domestic sugar prices were mostly stable

Domestic sugar prices in India continue to remain firm, trading at multi-year highs due to lower production and strong demand, which has resulted in a tighter market balance sheet. With good demand and restricted supplies prevailing, domestic sugar prices are anticipated to remain elevated in the near term, especially as the market awaits the beginning of the new crushing cycle.

The favorable crop conditions are attributed to good rainfall across the major sugarcane-growing regions, and reports suggest the crop outlook is very positive. In Karnataka and Maharashtra, sugar mills are expected to begin their crushing activities after Diwali, likely in the first week of November, marking the start of the new season.

Currently, M-grade sugar is priced between тВ╣3,990 and тВ╣4,100 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar in Kolhapur, Maharashtra, is quoted at тВ╣3,875 to тВ╣3,910 per quintal.

Ex-mill Sugar Prices as on┬а Aug, 16 2025 :┬а

State

S/30┬а

[Rates per Quintal]┬а

M/30

[Rates per Quintal]┬а

Maharashtra

тВ╣3890 to 3920

тВ╣3940 to 3960

South Karnataka

тВ╣4025

тВ╣4025 to 4075

Uttar Pradesh

┬а –

тВ╣3990 to 4100

Gujarat

тВ╣3941 to 3961

тВ╣3971 to 4,001

Tamil Nadu

тВ╣4075 to 4200

тВ╣4125 to 4250

Madhya Pradesh

тВ╣4015 to 4035

тВ╣4095 to 4105

Punjab

тВ╣4050 to 4171

(All the above rates are excluding GST)

Destination-wise Spot Prices as on Aug, 16 2025 :┬а

City┬а

Grade┬а

Rate┬а

Delhi

M/30

тВ╣4,389.00

Kanpur

M/30

тВ╣4,357.50

Kolhapur

M/30

тВ╣4,152.75

Kolkata

M/30

тВ╣4,462.50

Muzaffarnagar

M/30

тВ╣4,263.00

Ahmedabad

M/30

тВ╣4,221.00

Bangaluru

M/30

тВ╣4,357.50

Chennai

M/30

тВ╣4,483.50

 

News Round-Up

Cargill to build new corn ethanol plant in Brazil

Cargill to build new corn ethanol plant in Brazil

 

IndiaтАЩs 70% goods export exposed to Trump tariffs, ICRIER suggests negotiation and trade diversification

India’s 70% goods export exposed to Trump tariffs, ICRIER suggests negotiation and trade diversification

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here