ChiniMandi, Mumbai: 16th Dec 2025
Domestic Market
Domestic sugar prices remained weak
Domestic sugar prices weakened further in today’s session, pressured by ample availability as the crushing season continues to progress steadily. Prices declined by around ₹10–₹20 per quintal across major markets. With crushing operations running smoothly in key producing states, buyers have remained cautious, factoring in comfortable supply prospects over the coming weeks. This expectation has kept overall market sentiment on the softer side.
According to the latest update from the NFCSF, Indian sugar production as of 15 December 2025 has reached 7.8 MMT, registering an increase of about 8.6% year on year. The higher output has been supported by improved cane crushing volumes and better sucrose recovery. Average sugar recovery is reported at 8.64%, with 479 mills currently in operation during the ongoing season. The sugar production is said to be record for the H1 December.
Spot prices in key physical markets reflected this mild downward pressure. In Muzaffarnagar, Uttar Pradesh, M-grade sugar was quoted in the range of ₹3,950–₹4,020 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar traded slightly lower at ₹3,640–₹3,680 per quintal, extending the gradual decline seen in recent sessions.
Ex-mill Sugar Prices as on Dec, 16 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3700 to 3710 |
₹3750 to 3760 |
|
South Karnataka |
₹3925 |
₹3975 |
|
Uttar Pradesh |
– |
₹3950 to 4020 |
|
Gujarat |
₹3771 to 3811 |
₹3831 to 3871 |
|
Tamil Nadu |
₹3940 to 4100 |
₹4000 to 4150 |
|
Madhya Pradesh |
₹3820 to 3850 |
₹3890 to 3920 |
|
Punjab |
– |
₹4070 to 4121 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 16 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,294.50 |
|
Kanpur |
M/30 |
₹4,315.50 |
|
Kolhapur |
M/30 |
₹3,927.00 |
|
Kolkata |
M/30 |
₹4,326.00 |
|
Muzaffarnagar |
M/30 |
₹4,179.00 |
|
Ahmedabad |
M/30 |
₹4,116.00 |
|
Bangaluru |
M/30 |
₹4,242.00 |
|
Chennai |
M/30 |
₹4,326.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $426.40 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.95 c/lb. The corn futures market trades at 439-0 and the ethanol Chicago trades at 1.65250s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 91.136 whereas USD was trading with BRL at 5.4148 Crude WTI traded at $55.81 a barrel. Sensex closed 533.50 points down at 84,679.86 whereas Nifty closed 167.20 points higher at 25,860.10.
News Round-Up
Season 2025-26: Sugar production updates by ISMA till December 15
Season 2025-26: Sugar production updates by ISMA till December 15
Higher ethanol blending, faster FFV rollout, fuel infra push and GST/VAT rationalisation can help India save up to ₹2 lakh crore a year in forex: GEMA
BKU (Doaba) allows Phagwara sugar mill to run, presses for immediate payment of cane dues
BKU (Doaba) allows Phagwara sugar mill to run, presses for immediate payment of cane dues
