ChiniMandi, Mumbai: 6th July 2024
Domestic Market
Sugar prices reported to be stable
Domestic sugar prices were reported to be stable after falling due to weak demand. It was reported that trading was not very active today. Rainfall is expected to be good in the major cane-growing regions, but demand is still reportedly sluggish. This is adding pressure to already oversupplied markets, pushing up prices.
The price range for S-grade sugar in Kolhapur is Rs 3,550-3,580 per quintal, while M-grade sugar in Muzaffarnagar is Rs 3,780-3,800. Agrimandi predicts that the price of S grade sugar in the Kolhapur market will fall in the next two weeks to a range of Rs 3,520 to Rs 3,620 per quintal.
Ex-mill Sugar Prices as on July, 06 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3560 to 3590 |
₹3640 to 3670 |
|
Karnataka |
₹3770 to 3775 |
– |
|
Uttar Pradesh |
|
₹3780 to 3800 |
|
Gujarat |
₹3570 to 3691 |
₹3660 to 3691 |
|
Tamil Nadu |
₹3800 to 3925 |
₹3860 to 4000 |
|
Madhya Pradesh |
₹3710 to 3730 |
₹3780 to 3830 |
|
Punjab |
₹3920 to 3980 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 06 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,021.50 |
|
Kanpur |
M/30 |
₹3,979.50 |
|
Kolhapur |
M/30 |
₹3,837.75 |
|
Kolkata |
M/30 |
₹4,053.00 |
|
Muzaffarnagar |
M/30 |
₹3,979.50 |
|
Ahmedabad |
M/30 |
₹3,937.50 |
|
Banglore |
M/30 |
₹3,921.75 |
|
Chennai |
M/30 |
₹4,042.50 |
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