ChiniMandi, Mumbai: 19th Aug 2025
Domestic Market
Domestic sugar prices remained stable
Domestic sugar prices continued 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 lower monthly quota, domestic sugar prices are anticipated to remain higher in the near term.
There are reports of floods over cane growing regions of Uttar Pradesh during the last 2-3 days which may damage the plantation in canal banks and low lying areas. Red rot disease infestation 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, 19 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3890 to 3920 |
₹3940 to 3960 |
|
South Karnataka |
₹4025 to 4050 |
₹4050 to 4100 |
|
Uttar Pradesh |
– |
₹3990 to 4100 |
|
Gujarat |
₹3941 to 3961 |
₹3971 to 4,001 |
|
Tamil Nadu |
₹4125 to 4200 |
₹4175 to 4250 |
|
Madhya Pradesh |
₹4025 to 4045 |
₹4095 to 4115 |
|
Punjab |
– |
₹4030 to 4270 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 19 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 |
₹4,252.50 |
|
Ahmedabad |
M/30 |
₹4,200.00 |
|
Bangaluru |
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 $478.00 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.33 c/lb. The corn futures market trades at 379-4 and the ethanol Chicago trades at 1.76000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.128 whereas USD was trading with BRL at 5.4368 Crude WTI traded at $62.11 a barrel. Sensex closed 370.64 points up at 81,644.39 whereas Nifty closed 103.70 points higher at 24,980.65.
News Round-Up
“Sugar mills hit by costly financing; experts push for MSP hike, easy credit”
“Sugar mills hit by costly financing; experts push for MSP hike, easy credit”
Brazil: Petrobras has no planned investments in ethanol production, fuel distribution with Raizen
Brazil: Petrobras has no planned investments in ethanol production, fuel distribution with Raizen
Monsoon surplus continues in India with 101% of normal rainfall
Monsoon surplus continues in India with 101% of normal rainfall
