ChiniMandi, Mumbai: 18th July 2025
Domestic Market
Domestic sugar prices remained stable
Domestic sugar prices in key markets were reported to be stable at four month low 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, 18 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3745 to 3765 |
₹3805 to 3845 |
|
South Karnataka |
₹3870 to 3915 |
– |
|
Uttar Pradesh |
|
₹3830 to 3910 |
|
Gujarat |
₹3816 to 3841 |
₹3846 to 3881 |
|
Tamil Nadu |
₹3990 to 4165 |
₹4065 to 4200 |
|
Madhya Pradesh |
₹3845 to 3855 |
₹3915 to 3925 |
|
Punjab |
₹3930 to 4051 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 18 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 $490.10 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.98 c/lb. The corn futures market trades at 407-2 and the ethanol Chicago trades at 1.76000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.103 whereas USD was trading with BRL at 5.5630 Crude WTI traded at $68.57 barrel. Sensex closed 501.51 points down at 81,757.73 whereas Nifty closed 143.05 points lower at 24,968.40.
International Market
10 cooperative sugar mills apply to convert molasses-based ethanol plants to multi-feedstock units
10 cooperative sugar mills apply to convert molasses-based ethanol plants to multi-feedstock units
Smaller FMCG players in India growing faster than big FMCG companies: Report
Smaller FMCG players in India growing faster than big FMCG companies: Report
