ChiniMandi, Mumbai: 28th July 2025
Domestic Market
Domestic sugar prices were mostly stable
Domestic sugar prices have reported to be stable across major markets for the last 3-4 sessions. Prices have rallied over the past week, on good demand and with the upcoming festive season, sustained demand is anticipated.
In an announcement on July 28, the Food Ministry allocated a monthly sugar quota of 22.5 lakh metric tonnes (LMT) for August 2025, which is lower than the quota allocated for August 2024.
In terms of pricing, M-grade sugar is currently selling between Rs 3,900 and Rs 3,960 per quintal in Muzaffarnagar, while S-grade sugar costs range from Rs 3,760 to Rs 3,790 in Kolhapur.
Ex-mill Sugar Prices as on July, 28 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3830 to 3855 |
₹3925 to 3965 |
|
South Karnataka |
₹3900 to 3950 |
– |
|
Uttar Pradesh |
|
₹3900 to 3960 |
|
Gujarat |
₹3871 to 3911 |
₹3921 to 3941 |
|
Tamil Nadu |
₹4025 to 4165 |
₹4065 to 4085 |
|
Madhya Pradesh |
₹3900 to 3920 |
₹3970 to 3990 |
|
Punjab |
₹3960 to 4221 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 28 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,231.50 |
|
Kanpur |
M/30 |
₹4,210.50 |
|
Kolhapur |
M/30 |
₹4,047.75 |
|
Kolkata |
M/30 |
₹4,326.00 |
|
Muzaffarnagar |
M/30 |
₹4,126.50 |
|
Ahmedabad |
M/30 |
₹4,063.50 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,389.00 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $469.90 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.27 c/lb. The corn futures market trades at 398-2 and the ethanol Chicago trades at 1.76000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 86.703 whereas USD was trading with BRL at 6.43884Crude WTI traded at $66.47 a barrel. Sensex closed 572.07 points down at 80,891.02 whereas Nifty closed 156.10 points lower at 24,680.90..
News Round-Up
22.5 LMT monthly sugar quota released for August 2025; August 2024 consumption was 25.20 LMT
22.5 LMT monthly sugar quota released for August 2025; August 2024 consumption was 25.20 LMT
India protected sensitive sectors like rice and sugar in FTA with UK: Piyush Goyal
India protected sensitive sectors like rice and sugar in FTA with UK: Piyush Goyal
All retail outlets of public sector OMCs with petrol selling facilities dispense E20 petrol: Minister
