ChiniMandi, Mumbai: 11th May 2024
Domestic Market
Domestic sugar prices traded steady to higher
Domestic sugar prices in the major markets were reported to be stable or higher. Prices rose by Rs 20 per quintal in Maharashtra, while sentiment remained stable in Uttar Pradesh. There were reports of strong buying in Maharashtra, which supported prices.
In Muzaffarnagar, M-grade sugar costs Rs 3,910 to Rs 3,930 per quintal, while S-grade sugar costs Rs 3,610 to Rs 3,640. Agrimandi anticipates that the price of S grade sugar in the Kolhapur market will fall to between Rs 3,520 and Rs 3,660 per quintal within the next two weeks.
Ex-mill Sugar Prices as on May, 11 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3610 to 3660 |
₹3690 to 3740 |
|
Karnataka |
₹3900 |
– |
|
Uttar Pradesh |
|
₹3910 to 3930 |
|
Gujarat |
₹3641 to 3661 |
₹3745 to 3781 |
|
Tamil Nadu |
₹3875 to 4000 |
₹4000 to 4050 |
|
Madhya Pradesh |
₹3750 to 3800 |
₹3790 to 3840 |
|
Punjab |
₹4000 to 4080 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on May, 11 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,158.00 |
|
Kanpur |
M/30 |
₹4,116.00 |
|
Kolhapur |
M/30 |
₹3,916.50 |
|
Kolkata |
M/30 |
₹4,179.00 |
|
Muzaffarnagar |
M/30 |
₹4,116.00 |
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