Weekly Review- Sugar
05-Jul-2025 05:39 PM
Mixed trend in sugar prices according to demand and supply
New Delhi. The Central Food Ministry has issued a free sale quota of 22 lakh tonnes of sugar for the month of July, while about 1.50 lakh tonnes of unsold stock is also present from the quota of June month. This will improve the supply and availability situation.
Sluggish buying
On the other hand, the buying of entrepreneurs and traders is seen to be somewhat sluggish. As a result, during the week of 28 June - 4 July, there was a softening of 20-30 rupees per quintal in the mill delivery price of sugar, but the spot market price was seen to be somewhat higher. There was a mixed trend in the tender price as well.
Mill Delivery Price
During the period under review, the mill delivery price of sugar decreased by 35 rupees per quintal in eastern Uttar Pradesh, 15 rupees per quintal in western Uttar Pradesh and 20-20 rupees per quintal in Punjab, Madhya Pradesh and Bihar. There was also a softening of 5-10 rupees in Gujarat.
Spot price
On the other hand, the spot market price of sugar increased by Rs 40 to Rs 4170/4360 per quintal in Delhi and Rs 50 to Rs 4125/4200 per quintal in Raipur (Chhattisgarh), while it remained at the previous level of Rs 4100/4200 per quintal in Indore and Rs 3890/4090 per quintal in Mumbai (Vashi). On the other hand, the spot price of sugar in Kolkata fell by Rs 10-20 to Rs 4250/4350 per quintal.
Tender
There was no major rise or fall in the tender price of sugar in Maharashtra and Karnataka. The tender price in Maharashtra was recorded at Rs 3770-3855 per quintal and in Karnataka at Rs 3780/3915 per quintal. The Naka port delivery price of sugar remained stable at the old level of Rs 3840/4040 per quintal.
Exports
The export performance of sugar is not encouraging and the domestic business has also slowed down. Many states of the country are receiving heavy monsoon rains and the temperature has dropped. Floods have occurred in many areas and transportation is becoming difficult.
Rise and fall
This is especially affecting the industrial demand, while it plays an important role in bringing about rise and fall in the prices of sugar. In response to the new quota, the domestic market price of sugar often remains strong for the first few days of the month and there is a slight rise in it, but this time a softening of prices was seen.