ChiniMandi, Mumbai: 29th Sep 2025
Domestic Market
Domestic sugar prices were stable to higher
Sugar prices across major domestic markets have been reported steady in the major markets of Maharashtra and Karnataka while prices inched higher by Rs 10-20 per quintal supported by firm demand. Currently, sugar is trading at multi-year highs, largely due to tight stock availability in the domestic market.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is quoted in the range of โน4,020โโน4,120 per quintal, reflecting firmer pricing in northern markets. In contrast, S-grade sugar in Kolhapur, Maharashtra, is trading between โน3,850โโน3,900 per quintal, highlighting the regional price spread.
Ex-mill Sugar Prices as onย Sep, 29 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3880 to 3910 |
โน3930 to 3950 |
|
South Karnataka |
โน3925 to 3960 |
โน3985 to 4010 |
|
Uttar Pradesh |
ย – |
โน4020 to 4120 |
|
Gujarat |
โน3880 to 3901 |
โน3901 to 3941 |
|
Tamil Nadu |
โน4025 to 4100 |
โน4075 |
|
Madhya Pradesh |
โน4020 |
โน4090 |
|
Punjab |
– |
โน4150 to 4371 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Sep, 29 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,420.50 |
|
Kanpur |
M/30 |
โน4,410.00 |
|
Kolhapur |
M/30 |
โน4,116.00 |
|
Kolkata |
M/30 |
โน4,452.00 |
|
Muzaffarnagar |
M/30 |
โน4,273.50 |
|
Ahmedabad |
M/30 |
โน4,179.00 |
|
Bangaluru |
M/30 |
โน4,368.00 |
|
Chennai |
M/30 |
โน4,525.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $463.50 ton, whereas the New York Sugar # 11 The front month contract is trading at 15.94 c/lb. The corn futures market trades at 419-4 and the ethanol Chicago trades at 1.98500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.773 whereas USD was trading with BRL at 5.3431 Crude WTI traded at $64.51 a barrel. Sensex closed 61.52 points down at 80364.94 whereas Nifty closed 19.80 points lower at 24634.90
News Round-Up
Ethanol boost: Uttam Distilleries to expand distillery capacity to 160 KLPD
Ethanol boost: Uttam Distilleries to expand distillery capacity to 160 KLPD
WISMA urges govt to extend September 2025 sugar release quota as heavy rainfall disrupts supply
WISMA urges govt to extend September 2025 sugar release quota as heavy rainfall disrupts supply
Timely farmer payments at stake if price of ethanol and sugar MSP is not revised upward: B B Thombare
