ChiniMandi, Mumbai: 17th Dec 2025
Domestic Market
Domestic sugar prices remained weak
Domestic sugar prices were reported largely stable in today’s session, following a continuous decline over the past 4–5 sessions that was driven by ample availability as the crushing season progresses steadily. With crushing operations running smoothly across key producing states, buyers have continued to remain cautious, factoring in comfortable supply prospects in the weeks ahead. As a result, overall market sentiment has stayed on the softer side.
Spot prices in major physical markets reflected this subdued tone. 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 observed over recent sessions.
Ex-mill Sugar Prices as on Dec, 17 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3700 to 3710 |
₹3750 to 3760 |
|
South Karnataka |
₹3900 |
₹3950 |
|
Uttar Pradesh |
– |
₹3950 to 4020 |
|
Gujarat |
₹3751 to 3791 |
₹3811 to 3851 |
|
Tamil Nadu |
₹3940 to 4100 |
₹4000 to 4150 |
|
Madhya Pradesh |
₹3820 to 3850 |
₹3895 to 3920 |
|
Punjab |
– |
₹4050 to 4100 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 17 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 $422.20 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.78 c/lb. The corn futures market trades at 437-6 and the ethanol Chicago trades at 1.65250s.
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 90.614 whereas USD was trading with BRL at 5.5093 Crude WTI traded at $56.35 a barrel. Sensex closed 120.21 points down at 84,559.65 whereas Nifty closed 41.55 points lower at 25,818.55.
News Round-Up
Vellore cooperative sugar mill begins 2025-26 crushing season
Vellore cooperative sugar mill begins 2025-26 crushing season
BUA Foods nears completion of Nigeria’s largest integrated sugar plant in Kwara
BUA Foods nears completion of Nigeria’s largest integrated sugar plant in Kwara
Rajasthan: Five-member committee set up to examine ethanol factory in Hanumangarh
Rajasthan: Five-member committee set up to examine ethanol factory in Hanumangarh
