ChiniMandi, Mumbai: 31th July 2025
Domestic Market
Domestic sugar prices continue to rise
Domestic sugar prices have reported to be higher by Rs 20 per quintal across major markets on lower monthly quota release. Prices have gained by almost Rs 100-120 per quintal over the last 3-4 sessions. As demand is said to be good ahead of the festive season lower release of monthly quota fuelled the rally in the spot markets.
The Food Ministry has released the quota for the month of August. As per the notification, quota is at 22.5 lakh tons, higher by 0.5 lakh tons compared to the same month previous season and last month. As the festive season is ahead, less released has led to rise in domestic sugar prices. And no extension of the July quota is reported.
In terms of pricing, M-grade sugar is currently selling between Rs 4,000 and Rs 4,080 per quintal in Muzaffarnagar, while S-grade sugar costs range from Rs 3,840 to Rs 3,880 in Kolhapur.
Ex-mill Sugar Prices as on July, 31 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3900 to 3925 |
₹3960 to 4000 |
|
South Karnataka |
₹4000 |
– |
|
Uttar Pradesh |
|
₹4000 to 4080 |
|
Gujarat |
₹3931 to 3971 |
₹3981 to 4001 |
|
Tamil Nadu |
₹4040 to 4165 |
₹4090 |
|
Madhya Pradesh |
₹3970 to 3995 |
₹4040 to 4060 |
|
Punjab |
₹4050 to 4281 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 31 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,305.00 |
|
Kolhapur |
M/30 |
₹4,158.00 |
|
Kolkata |
M/30 |
₹4,441.50 |
|
Muzaffarnagar |
M/30 |
₹4,242.50 |
|
Ahmedabad |
M/30 |
₹4,189.50 |
|
Bangaluru |
M/30 |
₹4,368.00 |
|
Chennai |
M/30 |
₹4,483.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $469.10 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.43 c/lb. The corn futures market trades at 390-4 and the ethanol Chicago trades at 1.75000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.607 whereas USD was trading with BRL at 6.35937 Crude WTI traded at $69.67 a barrel. Sensex closed 296.28 points down at 81,185.58 whereas Nifty closed 86.70 points lower at 24,768.35..
News Round-Up
State-wise monthly sugar quota for sale in August 2025
76.6% rural households report rise in consumption over past year: NABARD survey
76.6% rural households report rise in consumption over past year: NABARD survey
US sanctions hit Indian companies over Iran oil trade
