ChiniMandi, Mumbai: 11th Jan 2025
Domestic Market
Domestic prices traded higher again
Domestic sugar prices in major markets have reported higher by Rs 10 per quintal. According to market sources, demand is strong, keeping prices at a one-month high. In addition to the lower availability of sugar, rumors of an increase in MSP are boosting sentiment in the spot markets.
S-grade sugar in Kolhapur costs between Rs 3,430 and 3,470 per quintal, while M-grade sugar in Muzaffarnagar costs Rs 3,840 to 3,900. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,360 and Rs 3,480 per quintal in the near future.
Ex-mill Sugar Prices as on Jan, 11 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3420 to 3490 |
₹3490 to 3590 |
|
South Karnataka |
₹3630 to 3675 |
₹3680 to 3725 |
|
Uttar Pradesh |
|
₹3840 to 3900 |
|
Gujarat |
₹3541 to 3581 |
₹3561 to 3641 |
|
Tamil Nadu |
₹3750 to 3900 |
₹3850 to 3975 |
|
Madhya Pradesh |
₹3625 to 3675 |
₹3695 to 3775 |
|
Punjab |
₹3950 to 4021 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 11 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,095.00 |
|
Kanpur |
M/30 |
₹4,063.50 |
|
Kolhapur |
M/30 |
₹3,738.00 |
|
Kolkata |
M/30 |
₹4,126.50 |
|
Muzaffarnagar |
M/30 |
₹4,058.25 |
|
Ahmedabad |
M/30 |
₹3,906.00 |
|
Bangaluru |
M/30 |
₹3,958.50 |
|
Chennai |
M/30 |
₹4,095.00 |
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