ChiniMandi, Mumbai: 22nd Aug 2025
Domestic Market
Domestic sugar prices were reported stable
After trading marginally weak for the last two sessions, domestic sugar prices in major markets have reported to be stable. As per the market sources, sellers are reluctant to liquidate as monthly quota is due in the coming week. If the quota is expected to remain lower then there are chances that prices will rally.
On the weather front, much needed respite is reported over major cane growing belts with good sunshine which is likely to support the crop development. The forecast indicates moderate rains from last week which should be helpful for better crop development.
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, 22 2025 :┬а
|
State |
S/30┬а [Rates per Quintal]┬а |
M/30 [Rates per Quintal] |
|
Maharashtra |
тВ╣3880 to 3910 |
тВ╣3930 to 3950 |
|
South Karnataka |
тВ╣4015 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╣4100 to 4200 |
тВ╣4175 to 4250 |
|
Madhya Pradesh |
тВ╣4025 to 4050 |
тВ╣4050 to 4120 |
|
Punjab |
– |
тВ╣4030 to 4291 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 22 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 $484.80 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.41 c/lb. The corn futures market trades at 386-6 and the ethanol Chicago trades at 1.77500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.529 whereas USD was trading with BRL at 5.4671 Crude WTI traded at $63.65 a barrel. Sensex closed 693.86 points down at 81306.85 whereas Nifty closed 213.65 points lower at 24870.10
News Round-Up
Telangana: Sugarcane farmers urge government to reimburse transportation charges of crop to sugar factory
Bilari: Chief MinisterтАЩs Office seeks report on pending sugarcane dues
Bilari: Chief MinisterтАЩs Office seeks report on pending sugarcane dues
Propylene directly from ethanol: Sumitomo Chemical starts pilot operations
Propylene directly from ethanol: Sumitomo Chemical starts pilot operations
