ChiniMandi, Mumbai: 29th Mar 2025
Domestic Market
Domestic sugar prices traded stable
In major markets, domestic sugar prices were reported to be stable across the major markets. As per the market participants, demand is still low as bulk buyers are reluctant to purchase aggressively. However, as summer starts, demand ought to increase in the days ahead.
Market sources indicate that sugar for export is currently selling for about Rs 42,000 per MT; exporters have seen a decrease in realization as a result of the stronger INR. Approximately 7.0 lakh tons have contracted, according to market sources. Low-quality whites will be at parity until $480 per MT, indicating higher due to stronger INR, while London whites are valued at $535 per MT in the most active contract.
In Kolhapur, S-grade sugar costs between Rs 3,760 and Rs 3,820 per quintal, while M-grade sugar in Muzaffarnagar costs between Rs 4,000 and Rs 4,050.
Ex-mill Sugar Prices as on Mar, 29 2025 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3790 to 3820 |
₹3860 to 3880 |
|
South Karnataka |
₹4000 |
₹4050 |
|
Uttar Pradesh |
|
₹4000 to 4050 |
|
Gujarat |
₹3851 to 3881 |
₹3951 to 3981 |
|
Tamil Nadu |
₹4000 to 4100 |
₹4110 to 4150 |
|
Madhya Pradesh |
₹3990 to 4040 |
₹4060 to 4090 |
|
Punjab |
₹4121 to 4151 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Mar, 29 2025 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,284.00 |
|
Kanpur |
M/30 |
₹4,252.50 |
|
Kolhapur |
M/30 |
₹4,053.00 |
|
Kolkata |
M/30 |
₹4,357.50 |
|
Muzaffarnagar |
M/30 |
₹4,221.00 |
|
Ahmedabad |
M/30 |
₹4,158.00 |
|
Bangaluru |
M/30 |
₹4,263.00 |
|
Chennai |
M/30 |
₹4,357.50 |
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