ChiniMandi, Mumbai: 17th Sep 2025
Domestic Market
Domestic sugar prices were reported stable to higher
Sugar prices in the major domestic markets remained steady to higher with prices witnessing a stable rise in Maharashtra and Karnataka. In Uttar Pradesh prices were reported higher by Rs 10-20 per quintal on good demand.
They are currently trading at multi-year highs 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 ₹3,970–₹4,060 per quintal. Meanwhile, in Kolhapur, Maharashtra, S-grade sugar is quoted between ₹3,850 and ₹3,890 per quintal.
Ex-mill Sugar Prices as on Sep, 17 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3875 to 3905 |
₹3925 to 3945 |
|
South Karnataka |
₹3950 to 3975 |
₹4015 to 4025 |
|
Uttar Pradesh |
– |
₹3970 to 4060 |
|
Gujarat |
₹3890 to 3921 |
₹3911 to 3961 |
|
Tamil Nadu |
₹4050 to 4150 |
₹4100 to 4200 |
|
Madhya Pradesh |
₹3940 to 3965 |
₹4010 to 4040 |
|
Punjab |
– |
₹3990 to 4301 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Sep, 17 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,368.00 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹4,110.75 |
|
Kolkata |
M/30 |
₹4,441.50 |
|
Muzaffarnagar |
M/30 |
₹4,221.00 |
|
Ahmedabad |
M/30 |
₹4,147.50 |
|
Bangaluru |
M/30 |
₹4,357.50 |
|
Chennai |
M/30 |
₹4,515.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $460.40 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.74 c/lb. The corn futures market trades at 428-6 and the ethanol Chicago trades at 2.02000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.824 whereas USD was trading with BRL at 5.2972 Crude WTI traded at $64.12 a barrel. Sensex closed 313.02 points up at 82693.71 whereas Nifty closed 91.15 points higher at 25330.25
News Round-Up
Malaysia: FELDA requests government to abolish refined sugar import permits
Malaysia: FELDA requests government to abolish refined sugar import permits
Queensland can unlock Australia’s biofuels future – sugarcane is the key
Queensland can unlock Australia’s biofuels future – sugarcane is the key
ESY 2024–25: 837.5 crore liters of ethanol blended during Nov 24–August 25
ESY 2024–25: 837.5 crore liters of ethanol blended during Nov 24–August 25
