ChiniMandi, Mumbai: 21st Aug 2025
Domestic Market
Domestic sugar prices were reported weak
Domestic sugar prices in major markets have softened slightly despite remaining at relatively high levels. Due to lower supply, prices are at multi-year lows, dropping by Rs 10-20 per quintal across key trading centers.
Excess rainfall has dampened trading activity, and forecasts of a cold wave have subdued demand over the past 2-3 sessions. However, strong festive season demand combined with limited supplies is expected to support prices in the near term.
Currently, M-grade sugar is priced between тВ╣3,970 and тВ╣4,070 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar is quoted at тВ╣3,850 to тВ╣3,890 per quintal in Kolhapur, Maharashtra.
Ex-mill Sugar Prices as on┬а Aug, 21 2025 :┬а
|
State |
S/30┬а [Rates per Quintal]┬а |
M/30 [Rates per Quintal]┬а |
|
Maharashtra |
тВ╣3880 to 3910 |
тВ╣3930 to 3950 |
|
South Karnataka |
тВ╣4025 to 4075 |
тВ╣4050 to 4125 |
|
Uttar Pradesh |
┬а – |
тВ╣3970 to 4070 |
|
Gujarat |
тВ╣3921 to 3941 |
тВ╣3951 to 3981 |
|
Tamil Nadu |
тВ╣4125 to 4200 |
тВ╣4175 to 4250 |
|
Madhya Pradesh |
тВ╣4035 to 4055 |
тВ╣4105 to 4125 |
|
Punjab |
– |
тВ╣4030 to 4291 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 21 2025 :┬а
|
City┬а |
Grade┬а |
Rate┬а |
|
Delhi |
M/30 |
тВ╣4,368.00 |
|
Kanpur |
M/30 |
тВ╣4,347.00 |
|
Kolhapur |
M/30 |
тВ╣4,137.00 |
|
Kolkata |
M/30 |
тВ╣4,452.00 |
|
Muzaffarnagar |
M/30 |
тВ╣4,231.50 |
|
Ahmedabad |
M/30 |
тВ╣4,200.00 |
|
Bangaluru |
M/30 |
тВ╣4,357.50 |
|
Chennai |
M/30 |
тВ╣4,483.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $483.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.41 c/lb. The corn futures market trades at 382-4 and the ethanol Chicago trades at 1.76250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.255 whereas USD was trading with BRL at 5.4913 Crude WTI traded at $63.09 a barrel. Sensex closed 142.87 points up at 82000.71 whereas Nifty closed 33.20 points higher at 25083.75
News Round-Up
Pakistan gets offers in 200,000 tonnes sugar tender: Media Report
Pakistan gets offers in 200,000 tonnes sugar tender: Media Report
Over 20 lakh acres of crops affected in Maharashtra due to heavy rains
Over 20 lakh acres of crops affected in Maharashtra due to heavy rains
India Exim Bank signs $40 mn credit line agreement with ECOWAS Bank to boost trade with Africa
India Exim Bank signs $40 mn credit line agreement with ECOWAS Bank to boost trade with Africa
