ChiniMandi, Mumbai: 10th June 2023
Domestic Market
Domestic sugar prices reported stable
On a thin trading day, sugar prices in major markets remained stable. Prices in Kolhapur (S grade) ranged from Rs. 3,410-3,440 per quintal, while prices in Muzaffarnagar (M grade) ranged from Rs. 3,670-3,690 per quintal.
Prices are expected to trade steady to firm due to strong demand, with little room for decline, according to Agrimandi.live. Prices in the Kolhapur markets are expected to trade near Rs 3,480 per quintal in the near future, with a support level of Rs 3,360 per quintal. Furthermore, the development of El Nino is expected to support prices.
Ex-mill Sugar Prices as on June, 10 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3370 to 3415 |
₹3450 to 3495 |
|
Karnataka |
₹3570 to 3625 |
– |
|
Uttar Pradesh |
|
₹3615 to 3735 |
|
Gujarat |
₹3441 to 3481 |
₹3541 to 3561 |
|
Tamil Nadu |
₹3600 to 3700 |
– |
|
Madhya Pradesh |
₹3580 to 3610 |
₹3630 to 3675 |
|
Punjab |
₹3680 to 3731 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on June, 10 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,916.50 |
|
Kanpur |
M/30 |
₹3,864.00 |
|
Kolhapur |
M/30 |
₹3,706.50 |
|
Kolkata |
M/30 |
₹3,969.00 |
|
Muzaffarnagar |
M/30 |
₹3,853.50 |
News Round-Up
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