ChiniMandi, Mumbai: 17th July 2025
Domestic Market
Domestic sugar prices were stable
Domestic sugar prices in key markets were reported to be constant on sluggish buying activity. Prices were reported to be stable across the major markets of Uttar Pradesh, Maharashtra, and Karnataka markets.
Demand is said to be weak with lower off take from end users, which is making the balance sheet to loosen.
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, 17 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 |
₹4065 to 4200 |
|
Madhya Pradesh |
₹3840 to 3855 |
₹3910 to 3925 |
|
Punjab |
₹3930 to 4051 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 17 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 $484.10 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.77 c/lb. The corn futures market trades at 406-0 and the ethanol Chicago trades at 1.75250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.104 whereas USD was trading with BRL at 5.5945 Crude WTI traded at $67.05 barrel. Sensex closed 375.24 points down at 82,259.24 whereas Nifty closed 100.60 points lower at 25,111.45.
International Market
PM Modi to inaugurate India’s first bamboo-based ethanol plant at Numaligarh on September 8
PM Modi to inaugurate India’s first bamboo-based ethanol plant at Numaligarh on September 8
USTR launches investigation into Brazil’s unfair trade practices, including ethanol barriers
USTR launches investigation into Brazil’s unfair trade practices, including ethanol barriers
DGFT showcases trade connect ePlatform at major B2B exhibitions for exporters
DGFT showcases trade connect ePlatform at major B2B exhibitions for exporters
