ChiniMandi, Mumbai: 19th June 2025
Domestic Market
Domestic sugar prices remained stable
Domestic sugar prices in the major markets continued to remain stable on good off take at lower levels. Prices were reported stable across the markets of Uttar Pradesh, Maharashtra and Karnataka. As per the local traders, there were good inquiries in the last 4-5 sessions at current levels.
M-grade sugar costs between Rs 3,930 and Rs 4,000 per quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,720 and Rs 3,760 in Kolhapur. As lean season starts with depleting stocks, prices may remain supported at the current levels or may inch slower in the coming days.
Ex-mill Sugar Prices as on June, 19 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3740 to 3770 |
₹3780 to 3810 |
|
South Karnataka |
₹3935 |
– |
|
Uttar Pradesh |
|
₹3930 to 4000 |
|
Gujarat |
₹3801 to 3811 |
₹3811 to 3851 |
|
Tamil Nadu |
₹3990 to 4200 |
₹4125 to 4250 |
|
Madhya Pradesh |
₹3855 to 3880 |
₹3925 to 3950 |
|
Punjab |
₹4000 to 4111 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on June, 19 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,242.00 |
|
Kanpur |
M/30 |
₹4,221.00 |
|
Kolhapur |
M/30 |
₹3,990.00 |
|
Kolkata |
M/30 |
₹4,284.00 |
|
Muzaffarnagar |
M/30 |
₹4,137.00 |
|
Ahmedabad |
M/30 |
₹4,021.50 |
|
Bangaluru |
M/30 |
₹4,231.50 |
|
Chennai |
M/30 |
₹4,378.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $482.30 ton, whereas the New York Sugar #11 front month contract is trading at 15.88 c/lb. The corn futures market trades at 433-4 and the ethanol Chicago trades at 1.66000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.733 whereas USD was trading with BRL at 5.4917 Crude WTI traded at $74.53 barrel. Sensex closed 82.79 points down at 81361.87 whereas Nifty closed 18.80 points lower at 24793.25
News Round-Up
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