ChiniMandi, Mumbai: 22nd June 2024
Domestic Market
Sugar prices remained stable
Domestic sugar prices were reported to be stable for the second session. Demand was reported to be dull, putting pressure on prices. Meanwhile, the Indian monsoon has moved across Maharashtra after being stalled for 8-9 days, and conditions are favorable for further progress. Monsoon rains were reported to be higher by 63%, 21%, and 40% in North Karnataka, West Maharashtra, and Marathwada, respectively.
In Muzaffarnagar, M-grade sugar trade between Rs 3,850 and Rs 3,870 per quintal, while S-grade sugar in Kolhapur ranges between Rs 3,580 and Rs 3,620. Agrimandi expects the price of S grade sugar in the Kolhapur market to fall between Rs 3,540 and Rs 3,660 per quintal over the next two weeks.
Ex-mill Sugar Prices as on June, 22 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3570 to 3620 |
₹3650 to 3700 |
|
Karnataka |
₹3760 to 3775 |
– |
|
Uttar Pradesh |
|
₹3845 to 3865 |
|
Gujarat |
₹3605 to 3635 |
₹3705 to 3750 |
|
Tamil Nadu |
₹3800 to 3925 |
– |
|
Madhya Pradesh |
₹3720 to 3780 |
₹3750 to 3800 |
|
Punjab |
₹3975 to 4060 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on June, 22 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,095.00 |
|
Kanpur |
M/30 |
₹4,053.00 |
|
Kolhapur |
M/30 |
₹3,864.00 |
|
Kolkata |
M/30 |
₹4,116.00 |
|
Muzaffarnagar |
M/30 |
₹4,053.00 |
|
Ahmedabad |
M/30 |
₹3,974.25 |
|
Banglore |
M/30 |
₹3,979.50 |
|
Chennai |
M/30 |
₹4,095.00 |
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