ChiniMandi, Mumbai: 6th Nov 2025
Domestic Market
Domestic sugar prices were traded higher
Domestic sugar prices started to rise again as crushing is impacted in Karnataka due to farmers strike. As per the update around 15 mills are operational out of 76 mills in Karnataka due to farmers strike. Mills which are operating are working under capacity. Prices saw a rise of ₹10-20 per quintal across the major markets.
Prices are currently steady amid subdued demand, with limited festive buying expected despite a lower monthly release quota. Market sentiment remains cautious as the sugarcane crushing season has commenced, raising expectations of increased supply in the coming weeks.
In regional markets, M-grade sugar in Muzaffarnagar (Uttar Pradesh) was quoted at ₹4,000–4,080 per quintal, while S-grade sugar in Kolhapur (Maharashtra) traded in the range of ₹3,750–3,790 per quintal.
Ex-mill Sugar Prices as on Nov, 6 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3780 to 3800 |
₹3810 to 3830 |
|
South Karnataka |
₹3960 to 3975 |
₹4025 |
|
Uttar Pradesh |
– |
₹4000 to 4080 |
|
Gujarat |
₹3846 to 3891 |
₹3846 to 3891 |
|
Tamil Nadu |
₹4025 to 4100 |
₹4100 to 4150 |
|
Madhya Pradesh |
₹3955 to 4010 |
₹3965 to 4080 |
|
Punjab |
– |
₹3850 to 4201 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 6 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,347.00 |
|
Kanpur |
M/30 |
₹4,326.00 |
|
Kolhapur |
M/30 |
₹3,990.00 |
|
Kolkata |
M/30 |
₹4,357.50 |
|
Muzaffarnagar |
M/30 |
₹4,221.00 |
|
Ahmedabad |
M/30 |
₹4,137.00 |
|
Bangaluru |
M/30 |
₹4,273.50 |
|
Chennai |
M/30 |
₹4,357.50 |
International Market
At the time of writing this update London White Sugar #The 5 front month contract is trading at $413.00 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.14 c/lb. The corn futures market trades at 433-6 and the ethanol Chicago trades at 1.77500s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.637 whereas USD was trading with BRL at 5.3599 Crude WTI traded at $59.97 a barrel. Sensex closed 148.14 points down at 83,311.01 whereas Nifty closed 87.95 points lower at 25,509.70.
News Round-Up
Amit Shah: Sugar mills in West Champaran shut down due to ransom during Lalu Prasad Yadav’s ‘jungle raj’ period
Sugarcane crushing season begins at DCM Shriram’s Hariawan sugar mill
Sugarcane crushing season begins at DCM Shriram’s Hariawan sugar mill
ORSL enters into strategic MoU with PRESPL to jointly pursue Bio-Gas and CBG projects
ORSL enters into strategic MoU with PRESPL to jointly pursue Bio-Gas and CBG projects
