ChiniMandi, Mumbai: 14th April 2025
Domestic Market
Domestic sugar prices were stable to higher
Prices for sugar in the major U.S. markets were said to be stable to going up. Prices stayed the same in Maharashtra and Karnataka, but went up by 10 to 20 rupees per quintal in Uttar Pradesh and other North Indian markets. Prices are at their lowest level in two months, but demand is said to be low. But because it’s been warmer in North India, demand has been good for the last two or three sessions.
An acre of S-grade sugar costs between Rs 3,760 and Rs 3,810 in Kolhapur. An acre of M-grade sugar costs between Rs 4,000 and Rs 4,070 in Muzaffarnagar.
Ex-mill Sugar Prices as on April, 14 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3770 to 3790 |
₹3840 to 3860 |
|
South Karnataka |
₹3970 |
|
|
Uttar Pradesh |
|
₹4000 to 4070 |
|
Gujarat |
₹3821 to 3841 |
₹3921 to 3941 |
|
Tamil Nadu |
₹4050 to 4175 |
₹4150 to 4175 |
|
Madhya Pradesh |
₹3980 to 4000 |
₹4040 to 4070 |
|
Punjab |
₹4060 to 4121 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on April, 14 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,305.00 |
|
Kanpur |
M/30 |
₹4,273.50 |
|
Kolhapur |
M/30 |
₹4,053.00 |
|
Kolkata |
M/30 |
₹4,315.50 |
|
Muzaffarnagar |
M/30 |
₹4,242.00 |
|
Ahmedabad |
M/30 |
₹4,116.00 |
|
Bangaluru |
M/30 |
₹4,242.00 |
|
Chennai |
M/30 |
₹4,357.50 |
International Market
At the time of writing this update London White Sugar #5 front month contract is trading at $519.10 ton, whereas the New York Sugar #11 front month contract is trading at 18.02 c/lb. The corn futures market trades at 485-6 and the ethanol Chicago trades at 1.78000s
