ChiniMandi, Mumbai: 31st Oct 2025
Domestic Market
Domestic sugar prices remained stable
After declining since mid-October, domestic sugar prices have stabilised over the past two to three sessions. Prices are currently steady amid subdued demand, with no significant festive buying expected despite a lower monthly release quota. Market sentiment remains cautious as the sugarcane crushing season is set to commence shortly, raising expectations of increased supply in the coming weeks.
In regional markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted at тВ╣3,940тАУ4,000 per quintal, while S-grade sugar in Kolhapur (Maharashtra) traded in the range of тВ╣3,740тАУ3,780 per quintal.
Ex-mill Sugar Prices as on┬а Oct, 31 2025 :┬а
|
State |
S/30┬а [Rates per Quintal]┬а |
M/30 [Rates per Quintal]┬а |
|
Maharashtra |
тВ╣3780 to 3800 |
тВ╣3810 to 3830 |
|
South Karnataka |
тВ╣3970 to 3975 |
тВ╣4025 |
|
Uttar Pradesh |
┬а – |
тВ╣3940 to 4000 |
|
Gujarat |
тВ╣3851 to 3901 |
тВ╣3855 to 3901 |
|
Tamil Nadu |
тВ╣4025 to 4075 |
тВ╣4100 |
|
Madhya Pradesh |
тВ╣3970 to 4000 |
тВ╣4040 to 4070 |
|
Punjab |
– |
тВ╣3850 to 4201 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 31 2025 :┬а
|
City┬а |
Grade┬а |
Rate┬а |
|
Delhi |
M/30 |
тВ╣4,284.00 |
|
Kanpur |
M/30 |
тВ╣4,273.50 |
|
Kolhapur |
M/30 |
тВ╣3,969.00 |
|
Kolkata |
M/30 |
тВ╣4,305.00 |
|
Muzaffarnagar |
M/30 |
тВ╣4,158.00 |
|
Ahmedabad |
M/30 |
тВ╣4,095.00 |
|
Bangaluru |
M/30 |
тВ╣4,273.50 |
|
Chennai |
M/30 |
тВ╣4,357.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $415.40 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.36 c/lb. The corn futures market trades at 427-6 and the ethanol Chicago trades at 1.71500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.702 whereas USD was trading with BRL at 5.3810 Crude WTI traded at $60.47 a barrel. Sensex closed 465.75 points down at 83938.71 whereas Nifty closed 155.75 points lower at 25722.10
News Round-Up
Baramati Agro moves High Court against Maharashtra govtтАЩs sugarcane levy
Baramati Agro moves High Court against Maharashtra govt’s sugarcane levy
Uttar Pradesh: Mawana Sugars begins cane crushing operations at two sugar units
Uttar Pradesh: Mawana Sugars begins cane crushing operations at two sugar units
Unlocking ethanol potential : A solution to revitalize the industry
Unlocking ethanol potential : A solution to revitalize the industry
