ChiniMandi, Mumbai: 22st July 2025
Domestic Market
Domestic sugar prices were stable
Domestic sugar prices were reported to be stable after a rise of Rs 50-60 per quintal over the last two sessions. Across the major centres prices were reported stable on good buying activity. Demand is said to be good as prices are trading close to three month low and stocks left with the millers are depleting. As festive begins from next month demand is likely to remain higher moving forward.
Much needed rains were reported over the last 3-4 days over the major cane growing regions of Marathwada and Solapur. These rains are likely to prove beneficial for crop revival to some extent. And the forecast indicates good rains over these regions including Northern Karnataka which should be helpful for crop development.
M-grade sugar prices between Rs 3,870 and Rs 3,940 a quintal in Muzaffarnagar, and S-grade sugar costs between Rs 3,750 and Rs 3,780 in Kolhapur.
Ex-mill Sugar Prices as on July, 22 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3795 to 3815 |
₹3855 to 3895 |
|
South Karnataka |
₹3910 to 3950 |
– |
|
Uttar Pradesh |
|
₹3870 to 3940 |
|
Gujarat |
₹3871 to 3911 |
₹3921 to 3941 |
|
Tamil Nadu |
₹4025 to 4165 |
₹4065 to 4200 |
|
Madhya Pradesh |
₹3870 to 3880 |
₹3945 to 3950 |
|
Punjab |
₹3960 to 4221 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 22 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,210.50 |
|
Kanpur |
M/30 |
₹4,179.00 |
|
Kolhapur |
M/30 |
₹4,026.75 |
|
Kolkata |
M/30 |
₹4,305.00 |
|
Muzaffarnagar |
M/30 |
₹4,095.00 |
|
Ahmedabad |
M/30 |
₹4,042.50 |
|
Bangaluru |
M/30 |
₹4,263.00 |
|
Chennai |
M/30 |
₹4,368.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $472.60 ton, whereas the New York Sugar #The 11 front month contract is trading at 16.25 c/lb. The corn futures market trades at 400-0 and the ethanol Chicago trades at 1.76000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.421 whereas USD was trading with BRL at 5.5704 Crude WTI traded at $65.35 a barrel. Sensex closed 13.53 points down at 82,186.81 whereas Nifty closed 29.80 points lower at 25,060.90..
News Round-Up
Last date for submission of applications for export authorisation of pharma grade sugar extended till July 31
DCM Shriram Limited announces Q1 FY26 results: Resilient growth anchored by strategic investments and operational efficiency
Ethanol export: Experts urge to focus on domestic requirement first
Ethanol export: Experts urge to focus on domestic requirement first
