ChiniMandi, Mumbai: 7th Nov 2025
Domestic Market
Domestic sugar prices were stable to weak
Domestic sugar prices in the major markets were reported stable to weak. Prices fell by Rs 10 per quintal in Kolhapur and North Karnataka while remained steady over Uttar Pradesh. Demand is said to be subdued which is weighing on the prices.
As per the update around 15 mills are operational out of 76 mills in Karnataka due to farmers strike. Farmers vegetation is going on demand of higher cane price which has resulted in lesser mills to start the crushing campaign so far.
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 ₹3,750–3,780 per quintal.
Ex-mill Sugar Prices as on Nov, 7 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 |
₹3841 to 3881 |
₹3841 to 3881 |
|
Tamil Nadu |
₹4025 to 4100 |
₹4100 to 4150 |
|
Madhya Pradesh |
₹3935 to 3990 |
₹3945 to 4060 |
|
Punjab |
– |
₹3850 to 4201 |
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Nov, 7 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 $416.00 ton, whereas the New York Sugar # 11 The front month contract is trading at 14.32 c/lb. The corn futures market trades at 428-2 and the ethanol Chicago trades at 1.78000s
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 88.661 whereas USD was trading with BRL at 5.3502 Crude WTI traded at $59.93 a barrel. Sensex closed 94.73 points down at 83216.28 whereas Nifty closed 17.40 points lower at 25492.30
News Round-Up
Sugar mills in Karnataka yet to start operations; long term solutions needed for industry’s survival: Vijendra Singh
Govt clarifies quota system not applicable on khandsari sugar units as of now
Govt clarifies quota system not applicable on khandsari sugar units as of now
SEBI to review F&O, short-selling, and buyback norms to deepen market liquidity: SEBI Chief
SEBI to review F&O, short-selling, and buyback norms to deepen market liquidity: SEBI Chief
