ChiniMandi, Mumbai: 31st May 2025
Domestic Market
Domestic sugar prices remained stable
Domestic sugar prices were reported to be stable for the fourth consecutive session in the markets. According to sources, because prices are at a two-and-a-half-month low, sellers and millers are hesitant to liquidate the stock. However, demand appears to be muted, putting downward pressure on prices. As demand remains subdued, sentiment is said to be deteriorating.
M-grade sugar costs between Rs 3,940 and Rs 4,060 per quintal in Muzaffarnagar, while S-grade sugar costs between Rs 3,725 and Rs 3,780 in Kolhapur.
Ex-mill Sugar Prices as on May, 31 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3765 to 3790 |
₹3845 to 3870 |
|
South Karnataka |
₹3950 |
– |
|
Uttar Pradesh |
|
₹3940 to 4060 |
|
Gujarat |
₹3800 to 3811 |
₹3875 to 3881 |
|
Tamil Nadu |
₹4025 to 4200 |
₹4150 |
|
Madhya Pradesh |
₹3895 to 3915 |
₹3965 to 3985 |
|
Punjab |
₹4040 to 4181 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on May, 31 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,294.50 |
|
Kanpur |
M/30 |
₹4,242.00 |
|
Kolhapur |
M/30 |
₹4,016.25 |
|
Kolkata |
M/30 |
₹4,294.50 |
|
Muzaffarnagar |
M/30 |
₹4,210.50 |
|
Ahmedabad |
M/30 |
₹4,084.50 |
|
Bangaluru |
M/30 |
₹4,263.00 |
|
Chennai |
M/30 |
₹4,389.00 |
News Round-Up
Uttar Pradesh: Plan to begin expansion of Morna sugar mill soon
Uttar Pradesh: Plan to begin expansion of Morna sugar mill soon
Uttar Pradesh: New grain-based ethanol plant to be set up in Bijnor
Uttar Pradesh: New grain-based ethanol plant to be set up in Bijnor
“Agriculture remains backbone of Indian economy”: Shivraj Singh Chouhan hails Viksit Krishi Sankalp Abhiyan
