ChiniMandi, Mumbai: 23rd Oct 2025
Domestic Market
Domestic sugar prices remained stable
Domestic sugar prices remained largely stable for the past five to six sessions on dull trading activity. Demand continues to stay sluggish at elevated price levels, keeping overall sentiment muted. Moreover, with the commencement of the crushing season from next week, prices remain under pressure amid expectations of improved supplies.
In Muzaffarnagar (Uttar Pradesh), M-grade sugar was quoted in the range of ₹4,030–₹4,100 per quintal, while in Kolhapur (Maharashtra), S-grade sugar traded between ₹3,800 and ₹3,840 per quintal.
Ex-mill Sugar Prices as on Oct, 23 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3800 to 3820 |
₹3820 to 3840 |
|
South Karnataka |
₹3915 to 3925 |
₹3965 to 3975 |
|
Uttar Pradesh |
– |
₹4030 to 4100 |
|
Gujarat |
₹3861 to 3911 |
₹3865 to 3911 |
|
Tamil Nadu |
₹4000 to 4100 |
₹4050 |
|
Madhya Pradesh |
₹3975 to 3995 |
₹4045 to 4055 |
|
Punjab |
– |
₹4050 to 4270 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 23 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,326.00 |
|
Kolhapur |
M/30 |
₹4,042.50 |
|
Kolkata |
M/30 |
₹4,357.50 |
|
Muzaffarnagar |
M/30 |
₹4,252.50 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,326.00 |
|
Chennai |
M/30 |
₹4,431.00 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $436.50 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.23 c/lb. The corn futures market trades at 424-4 and the ethanol Chicago trades at 1.84500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.871 whereas USD was trading with BRL at 5.4004 Crude WTI traded at $61.61 a barrel. Sensex closed 130.06 points up at 84,556.40 whereas Nifty closed 22.80 points higher at 25,891.40.
News Round-Up
UP farmers demand sugarcane price hike following increase in Haryana
UP farmers demand sugarcane price hike following increase in Haryana
ESY 2024-25 allocations: Ethanol supply period extended till November 10 for BPCL, HPCL, and MRPL
ESY 2024-25 allocations: Ethanol supply period extended till November 10 for BPCL, HPCL, and MRPL
Coastal Corporation’s subsidiary secures Rs 361.73 crore ethanol supply order from Reliance Jio BP and OMCs
