Weekly Review- Sugar
02-Aug-2025 08:07 PM
Sugar prices rise due to strong demand from buyers
New Delhi. To meet the festive demand, stockists and consumers have started buying sugar in large quantities. As a result, a huge increase was recorded in the mill delivery price and spot market price of sugar during the week of 26 July to 1 August.
Sales quota
The government has issued a quota of 22.50 lakh tonnes of sugar for domestic sale for the month of August, while the data shows that the entire quota of 22 lakh tonnes of sugar fixed for the month of July has been sold. This will not put much pressure on the industry.
Mill delivery price
During the week under review, although the mill delivery price of sugar decreased by Rs 21 per quintal in eastern Uttar Pradesh, it increased by Rs 10 in western Uttar Pradesh, Rs 50 in Punjab, Rs 60 in Bihar and Rs 120 per quintal in Madhya Pradesh. In Gujarat also, the mill delivery price of sugar registered a rise of Rs 100 per quintal. In all these states, the ex-factory price of sugar has increased to Rs 4000 per quintal or above, which is providing a lot of relief to the mills.
Spot Price
The spot market price of sugar improved by Rs 10 to Rs 4300/4400 per quintal in Delhi, increased by Rs 75 to Rs 4275/4375 per quintal in Indore, jumped by Rs 105-110 to Rs 4260/4350 per quintal in Raipur, increased by Rs 90 to Rs 4010/4210 per quintal in Mumbai (Vashi) and improved by Rs 20-40 to Rs 4310/4390 per quintal in Kolkata.
Tender
In Maharashtra, the tender price of sugar witnessed a massive hike of Rs. 185 per quintal, taking it to a high of Rs. 3910/4100 per quintal, but in Karnataka, the tender price fell by Rs. 40 per quintal to Rs. 3920/4050 per quintal.
Low stock
The current price level of sugar is quite attractive for the millers and there is little chance of a sharp fall in it in the future. The festive demand for sugar starts from August itself. This time the mills have less stock and hence they are in no hurry to sell it.