ChiniMandi, Mumbai: 04th Jan 2025
Domestic Market
Domestic prices were stable
After a sharp rise, domestic sugar prices in major markets were reported to be stable. As millers were offering the new crop sugar, prices have recovered by Rs 120-150 per quintal from their recent lows. Demand is said to be average and with the peak crushing season, prices are expected to remain under pressure.
S-grade sugar in Kolhapur ranged between Rs 3,410 and 3,450 per quintal, while M-grade sugar in Muzaffarnagar costs Rs 3,800 to 3,860. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,300 and Rs 3,480 per quintal in the near future.
Ex-mill Sugar Prices as on Jan, 04 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3430 to 3500 |
₹3500 to 3600 |
|
South Karnataka |
₹3635 to 3650 |
₹3700 |
|
Uttar Pradesh |
|
₹3830 to 3890 |
|
Gujarat |
₹3541 to 3581 |
₹3561 to 3641 |
|
Tamil Nadu |
₹3750 to 3900 |
₹3810 to 3975 |
|
Madhya Pradesh |
₹3615 to 3665 |
₹3685 to 3765 |
|
Punjab |
₹3951 to 3971 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Jan, 04 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,084.00 |
|
Kanpur |
M/30 |
₹4,053.00 |
|
Kolhapur |
M/30 |
₹3,717.00 |
|
Kolkata |
M/30 |
₹4,101.50 |
|
Muzaffarnagar |
M/30 |
₹4,047.75 |
|
Ahmedabad |
M/30 |
₹3,885.00 |
|
Bangaluru |
M/30 |
₹3,937.50 |
|
Chennai |
M/30 |
₹4,063.50 |
News Round-Up
Telangana: Farmers’ meeting to discuss reopening of Nizam Sugar Factory
Telangana: Farmers’ meeting to discuss reopening of Nizam Sugar Factory
Union Minister Shivraj Singh Chouhan holds review meeting on schemes with State/UTs agriculture ministers
For more details and in-depth insights, keep reading ChiniMandi, your go-to source for the latest news on the Sugar and Allied Sectors news.
