ChiniMandi, Mumbai: 4th Aug 2025
Domestic Market
Domestic sugar prices remained firm
Domestic sugar prices in India have shown steady to a slight increase today, with notable price rises of Rs 20-30 per quintal reported in key states such as Maharashtra, Karnataka, and Uttar Pradesh. Over the last 5 to 6 sessions, prices have surged by approximately Rs 120-150 per quintal, fueled primarily by a lower monthly release quota imposed by the government. This controlled supply, amid strong demand ahead of the festive season, has supported a rally in spot markets.
M-grade sugar is currently selling between Rs 4,000 and Rs 4,100 per quintal in Muzaffarnagar, Uttar Pradesh, while S-grade sugar prices in Kolhapur, Maharashtra, range from Rs 3,870 to Rs 3,910 per quintal.
Ex-mill Sugar Prices as on Aug, 4 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3880 to 3910 |
₹3930 to 3960 |
|
South Karnataka |
₹3985 to 4000 |
₹4050 |
|
Uttar Pradesh |
– |
₹4000 to 4100 |
|
Gujarat |
₹3941 to 3971 |
₹3891 to 4001 |
|
Tamil Nadu |
₹4050 to 4200 |
₹4100 to 4250 |
|
Madhya Pradesh |
₹4020 to 4040 |
₹4090 to 4110 |
|
Punjab |
₹4050 to 4301 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Aug, 4 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,378.50 |
|
Kanpur |
M/30 |
₹4,357.50 |
|
Kolhapur |
M/30 |
₹4,158.00 |
|
Kolkata |
M/30 |
₹4,462.50 |
|
Muzaffarnagar |
M/30 |
₹4,263.00 |
|
Ahmedabad |
M/30 |
₹4,221.00 |
|
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 $468.60 ton, whereas the New York Sugar # 11 The front month contract is trading at 16.31 c/lb. The corn futures market trades at 388-0 and the ethanol Chicago trades at 1.75250s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 87.641 whereas USD was trading with BRL at 6.32272 Crude WTI traded at $66.07 a barrel. Sensex closed 418.81 points up at 81,018.72 whereas Nifty closed 157.40 points higher at 24,722.75.
News Round-Up
Oman’s first sugar refinery begins operations with innaugral shipment from Brazil
Oman’s first sugar refinery begins operations with innaugral shipment from Brazil
Maharashtra government issued 28 RRCs against sugar mills in state: Centre
Maharashtra government issued 28 RRCs against sugar mills in state: Centre
Relief for Zuari Industries in ethanol fee case
