Domestic Market
Domestic sugar prices were mostly stable
Domestic sugar prices in India continue to remain firm, trading at multi-year highs due to lower production and strong demand, which has resulted in a tighter market balance sheet. With good demand and restricted supplies prevailing, domestic sugar prices are anticipated to remain elevated in the near term, especially as the market awaits the beginning of the new crushing cycle.
There are reports of floods over cane growing regions of Uttar Pradesh during last 2-3 days which may damage the plantation in canal bank and low lying areas. Red rot disease infestaion is reported over Western regions of Uttar Pradesh, the impact will be known later.
Currently, M-grade sugar is priced between ₹3,990 and ₹4,100 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar in Kolhapur, Maharashtra, is quoted at ₹3,875 to ₹3,910 per quintal.
Ex-mill Sugar Prices as on Aug, 18 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3890 to 3910 |
₹3930 to 3960 |
|
South Karnataka |
₹4010 to 4050 |
₹4020 to 4100 |
|
Uttar Pradesh |
– |
₹3990 to 4100 |
|
Gujarat |
₹3941 to 3961 |
₹3971 to 4,001 |
|
Tamil Nadu |
₹4100 to 4200 |
₹4150 to 4250 |
|
Madhya Pradesh |
₹4015 to 4035 |
₹4095 to 4105 |
|
Punjab |
₹4050 to 4171 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 18 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,389.00 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹4,152.75 |
|
Kolkata |
M/30 |
₹4,462.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,221.00 |
|
Bengaluru |
M/30 |
₹4,357.50 |
|
Chennai |
M/30 |
₹4,483.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $481.00 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.46 c/lb. The corn futures market trades at 382-2 and the ethanol Chicago trades at 1.75750s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.371 whereas USD was trading with BRL at 5.4115 Crude WTI traded at $61.65 a barrel. Sensex closed 676.09 points up at 81,273.75 whereas Nifty closed 245.65 points upper at 24,876.95.
