ChiniMandi, Mumbai: 09th March 2024
Domestic Market
Stable to firm sentiment in domestic Sugar prices
Domestic sugar prices are reported to be stable to firm in the major markets. Prices remained stable in Maharashtra, while they increased by Rs 5 per quintal in Uttar Pradesh. At current prices, demand is said to be strong.
The cost of M-grade sugar in Muzaffarnagar ranges between Rs 3,740 and Rs 3,770 per quintal, while the estimated cost of S-grade sugar in Kolhapur is between Rs 3,400 and Rs 3,440. Agrimandi predicts that the price of S grade sugar in the Kolhapur market will fall to between Rs 3,400 and Rs 3,480 per quintal over the next two weeks. However, prices per quintal are said to be between Rs 3,330 and Rs 3,380 in Solapur.
Ex-mill Sugar Prices as on March, 09 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3360 to 3410 |
₹3440 to 3490 |
|
Karnataka |
₹3600 |
₹3650 |
|
Uttar Pradesh |
|
₹3745 to 3780 |
|
Gujarat |
₹3441 to 3481 |
₹3491 to 3541 |
|
Tamil Nadu |
₹3580 to 3740 |
₹3640 to 3700 |
|
Madhya Pradesh |
₹3700 to 3720 |
₹3750 to 3770 |
|
Punjab |
₹3825 to 3880 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on March, 09 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,990.00 |
|
Kanpur |
M/30 |
₹3,937.50 |
|
Kolhapur |
M/30 |
₹3,727.50 |
|
Kolkata |
M/30 |
₹3,979.50 |
|
Muzaffarnagar |
M/30 |
₹3,937.50 |
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