ChiniMandi, Mumbai: 20th June 2025
Domestic Market
Domestic sugar prices started to fall again
After a stable sentiment for two sessions, domestic sugar prices in the major markets were reported to be lower by Rs 10-20 per quintal in the major markets. Prices were reported to be lower by Rs 20 per quintai in Maharahstra and Karnatala while Rs 1o fall was reported in across the markets of Uttar Pradesh.
M-grade sugar costs between Rs 3,920 and Rs 3,990 per quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,700 and Rs 3,740 in Kolhapur. As lean season starts with depleting stocks, prices may remain supported at the current levels or may inch trading higher slowly in the coming days.
Ex-mill Sugar Prices as on June, 20 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3735 to 3765 |
₹3775 to 3805 |
|
South Karnataka |
₹3935 |
– |
|
Uttar Pradesh |
|
₹3920 to 3990 |
|
Gujarat |
₹3801 to 3811 |
₹3811 to 3851 |
|
Tamil Nadu |
₹3990 to 4200 |
₹4125 to 4250 |
|
Madhya Pradesh |
₹3845 to 3870 |
₹3915 to 3940 |
|
Punjab |
₹4000 to 4111 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on June, 20 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,231.50 |
|
Kanpur |
M/30 |
₹4,210.50 |
|
Kolhapur |
M/30 |
₹3,969.00 |
|
Kolkata |
M/30 |
₹4,263.00 |
|
Muzaffarnagar |
M/30 |
₹4,126.50 |
|
Ahmedabad |
M/30 |
₹4,011.00 |
|
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 $483.00 ton, whereas the New York Sugar #11 front month contract is trading at 16.16 c/lb. The corn futures market trades at 134-6 and the ethanol Chicago trades at 1.66000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.624 whereas USD was trading with BRL at 5.4805 Crude WTI traded at $73.21 barrel. Sensex closed 1,048.30 points up at 82,408.17 whereas Nifty closed 319.15 points higher at 25,112.40
News Round-Up
From waste to wealth: Bagasse-based eco-friendly tableware – a sustainable opportunity for sugar factories
HPCL aims to invest Rs 20 billion to set up 24 compressed biogas plants
HPCL aims to invest Rs 20 billion to set up 24 compressed biogas plants
Haryana: Villagers oppose proposed ethanol plant in Jhajjar
