ChiniMandi, Mumbai: 25th Sep 2025
Domestic Market
Domestic sugar prices are stable to higher
Sugar prices across major domestic markets have been steady to higher in the major markets, supported by firm demand. Currently, sugar is trading at multi-year highs, largely due to tight stock availability in the domestic market. The situation is further impacted by expected delays in the start of crushing operations in Karnataka, a key contributor to national sugar output.
For October 2025, the government has released a monthly quota of 24 lakh tons, which is 0.5 lakh tons higher than the previous month but 1.5 lakh tons lower than the same month last year. With the festive season approaching, demand is projected to remain strong, likely keeping prices on an upward trajectory.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is quoted in the range of ₹4,000–₹4,100 per quintal, reflecting firmer pricing in northern markets. In contrast, S-grade sugar in Kolhapur, Maharashtra, is trading between ₹3,850–₹3,900 per quintal, highlighting the regional price spread.
Ex-mill Sugar Prices as on Sep, 25 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3880 to 3910 |
₹3930 to 3950 |
|
South Karnataka |
₹3950 to 3960 |
₹4000 to 4010 |
|
Uttar Pradesh |
– |
₹4000 to 4100 |
|
Gujarat |
₹3900 to 3931 |
₹3921 to 3971 |
|
Tamil Nadu |
₹4050 to 4150 |
₹4100 to 4200 |
|
Madhya Pradesh |
₹3975 to 3985 |
₹4045 to 4055 |
|
Punjab |
– |
₹4100 to 4351 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Sep, 25 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,378.50 |
|
Kanpur |
M/30 |
₹4,368.00 |
|
Kolhapur |
M/30 |
₹4,116.00 |
|
Kolkata |
M/30 |
₹4,452.00 |
|
Muzaffarnagar |
M/30 |
₹4,242.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bengaluru |
M/30 |
₹4,368.00 |
|
Chennai |
M/30 |
₹4,525.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $455.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.49 c/lb. The corn futures market trades at 426-6 and the ethanol Chicago trades at 1.98000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.712 whereas USD was trading with BRL at 5.3330 Crude WTI traded at $64.80 a barrel. Sensex closed 555.95 points down at 81159.68 whereas Nifty closed 166.05 points lower at 24890.85
News Round-Up
ISMA urges Centre to revise sugar MSP to Rs 40.2/kg to support mills, farmers
ISMA urges Centre to revise sugar MSP to Rs 40.2/kg to support mills, farmers
Ethanol diversion by sugar industry is priority: Ashwini Srivastava
Ethanol diversion by sugar industry is priority: Ashwini Srivastava
“Cleaner, circular, climate-aligned”: Hardeep Singh Puri reiterates India’s renewable energy mission
“Cleaner, circular, climate-aligned”: Hardeep Singh Puri reiterates India’s renewable energy mission
