ChiniMandi, Mumbai: 30th Sep 2025
Domestic Market
Domestic sugar prices were stable
Sugar prices across major domestic markets remained steady, supported by firm demand. Prices are currently at multi-year highs, primarily driven by tight stock availability in the domestic market.
Heavy rainfall, including instances of flooding, has been reported in key cane-growing regions of Maharashtra and Northern Karnataka. Meanwhile, the withdrawal of the monsoon has stalled and is expected to remain at its current position for the next 8–10 days.
In Muzaffarnagar, Uttar Pradesh, M-grade sugar is quoted at ₹4,020–₹4,120 per quintal, reflecting firmer pricing in northern markets. In comparison, S-grade sugar in Kolhapur, Maharashtra, is trading in the range of ₹3,850–₹3,900 per quintal, underscoring the regional price spread.
Ex-mill Sugar Prices as on Sep, 30 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3880 to 3910 |
₹3930 to 3950 |
|
South Karnataka |
₹3950 to 3960 |
₹4010 |
|
Uttar Pradesh |
– |
₹4020 to 4120 |
|
Gujarat |
₹3880 to 3901 |
₹3901 to 3941 |
|
Tamil Nadu |
₹4025 to 4100 |
₹4075 |
|
Madhya Pradesh |
₹4010 to 4020 |
₹4080 to 4090 |
|
Punjab |
– |
₹4150 to 4371 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Sep, 30 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,420.50 |
|
Kanpur |
M/30 |
₹4,410.00 |
|
Kolhapur |
M/30 |
₹4,116.00 |
|
Kolkata |
M/30 |
₹4,452.00 |
|
Muzaffarnagar |
M/30 |
₹4,273.50 |
|
Ahmedabad |
M/30 |
₹4,179.00 |
|
Bangaluru |
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 $462.60 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.38 c/lb. The corn futures market trades at 419-0 and the ethanol Chicago trades at 1.99000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.806 whereas USD was trading with BRL at 5.3117 Crude WTI traded at $62.36 a barrel. Sensex closed 97.32 points down at 80267.62 whereas Nifty closed 23.80 points lower at 24611.10
News Round-Up
Dedicated team will be set up within ICAR for sugarcane research in India: Agri Minister
Dedicated team will be set up within ICAR for sugarcane research in India: Agri Minister
“Crop damage to nearly 60 lakh hectares of land”: Eknath Shinde assures help to farmers in flood-affected regions
State-wise monthly sugar quota for sale in October 2025
