ChiniMandi, Mumbai: 18th Nov 2025
Domestic Market
Domestic sugar prices were stable
Domestic sugar prices traded stable across major markets, as buying remained largely need-based and overall demand continued to be subdued. With the sugarcane crushing season now underway in most producing states, market sentiment remains under pressure, and prices are expected to stay soft in the near term.
In key markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted at โน3,980โ4,070 per quintal, while, S-grade sugar in Kolhapur (Maharashtra) traded in the range of โน3,730โ3,760 per quintal, maintaining a stable tone.
Ex-mill Sugar Prices as on Nov, 18 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3770 to 3790 |
โน3800 to 3820 |
|
South Karnataka |
โน4000 |
โน4050 |
|
Uttar Pradesh |
ย – |
โน3980 to 4070 |
|
Gujarat |
โน3831 to 3871 |
โน3831 to 3871 |
|
Tamil Nadu |
โน4030 to 4150 |
โน4150 to 4200 |
|
Madhya Pradesh |
โน3905 to 3950 |
โน3975 to 4020 |
|
Punjab |
– |
โน3741 to 4231 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 18 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,347.00 |
|
Kanpur |
M/30 |
โน4,326.00 |
|
Kolhapur |
M/30 |
โน3,979.50 |
|
Kolkata |
M/30 |
โน4,368.00 |
|
Muzaffarnagar |
M/30 |
โน4,221.00 |
|
Ahmedabad |
M/30 |
โน4,137.00 |
|
Bangaluru |
M/30 |
โน4,284.00 |
|
Chennai |
M/30 |
โน4,410.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $418.80 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.78 c/lb. The corn futures market trades at 436-2 and the ethanol Chicago trades at 1.81500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.556 whereas USD was trading with BRL at 5.3382 Crude WTI traded at $59.80 a barrel. Sensex closed 277.93 points down at 84,673.02 whereas Nifty closed 103.40 points lower at 25,910.05.
News Round-Up
Government to look into demand for increasing sugar MSP: Food Minister
Government to look into demand for increasing sugar MSP: Food Minister
Sugar exports expected to gain momentum as parity improves: Tarun Sawhney
Sugar exports expected to gain momentum as parity improves: Tarun Sawhney
Zuariโs ethanol plant expected to be commissioned by end of November
Zuari’s ethanol plant expected to be commissioned by end of November
