ChiniMandi, Mumbai: 24th Nov 2025
Domestic Market
Domestic sugar prices were stable to weak
Domestic sugar prices across major markets remained stable to weak with prices remaining stable in Uttar Pradesh while trading lower by Rs 10 per quintal in Maharashtra and North Karnataka. Arrival of new sugar is supporting the sentiment in North Markets while subdued buying activity continued to weigh in Maharashtra markets.
In the key physical markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted in the range of ₹4,020–4,100 per quintal. In Kolhapur (Maharashtra), S-grade sugar traded between ₹3,710–3,740 per quintal, reflecting a stable to weak price trend.
Ex-mill Sugar Prices as on Nov, 24 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3750 to 3770 |
₹3780 to 3800 |
|
South Karnataka |
₹3975 |
₹4025 |
|
Uttar Pradesh |
– |
₹4020 to 4100 |
|
Gujarat |
₹3901 to 3921 |
₹3931 to 3951 |
|
Tamil Nadu |
₹4010 to 4100 |
₹4150 |
|
Madhya Pradesh |
₹3910 to 3915 |
₹3980 to 3985 |
|
Punjab |
– |
₹3741 to 4231 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 24 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,368.00 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹3,948.00 |
|
Kolkata |
M/30 |
₹4,378.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,378.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $424.20 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.89 c/lb. The corn futures market trades at 422-6 and the ethanol Chicago trades at 1.83750s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 89.144 whereas USD was trading with BRL at 5.3931 Crude WTI traded at $57.90 a barrel. Sensex closed 331.21 points down at 84,900.71 whereas Nifty closed 106.65 points lower at 25,959.50.
News Round-Up
Food Minister questions why Karnataka govt has not made it mandatory for distilleries to procure maize from farmers at MSP
Turning sugar into climate impact: ISMA and GCC sign MoU to strengthen India’s engagement in carbon markets
Government expected to raise sugar MSP to Rs 38 per kg: Media report
Government expected to raise sugar MSP to Rs 38 per kg: Media report
