Weekly Review-Sugar

30-Aug-2025 07:29 PM

Sugar prices soften due to weak demand

New Delhi. Mill delivery price and spot market price of sugar remained stable or soft to a large extent during the week of August 23-29 because being the last week of the month, the pace of sale of stock had to be increased to clear the August quota of the millers, while the demand could not increase accordingly. Sugar consumption also decreased due to heavy rains and floods in many parts of the country.
Mill Delivery Price
During the week under review, although the mill delivery price of sugar remained high by Rs 40 in eastern Uttar Pradesh and Rs 5 per quintal in Madhya Pradesh, it decreased by Rs 10 in western Uttar Pradesh, Rs 20 in Punjab and Rs 85 per quintal in Bihar. A decline of up to Rs 80 was also recorded in Gujarat.
Spot Price
The spot market price of sugar in Delhi fell by Rs 30 to Rs 4270/4330 per quintal, while it remained at the previous level of Rs 4250/4350 per quintal in Indore, Rs 4300/4350 per quintal in Raipur, Chhattisgarh, Rs 4350/4450 per quintal in Kolkata and Rs 4010/4210 per quintal in Mumbai (Vashi). The Naka Port Delivery Price of sugar also remained stable at Rs 3960/4160 per quintal.
Tender
However, a fall of Rs 15-25 per quintal was recorded in the tender price of sugar. The tender price in Maharashtra fell to Rs 3870/4005 per quintal and in Karnataka it fell to Rs 3900/4015 per quintal. Despite the festive season, the trend of softness in sugar continues. Sugar quota
The Union Food Ministry has set a quota of 23.50 lakh tonnes of sugar for domestic sale for September 2025, which is equal to the quota of September 2024 but one lakh tonnes more than the quota of August 2025. Due to this, there is no expectation of much ups and downs in the market.
Sugarcane crushing
Navaratri will begin in September and the festival of Dussehra-Diwali will be celebrated in October. The new marketing season for crushing sugarcane and production of sugar is also going to start from October.