ChiniMandi, Mumbai: 20th July 2024
Domestic Market
Domestic sugar prices continued trade higher
Domestic sugar prices across the markets were reported to be higher by Rs 10-20 per quintal. As most of the mills in Uttar Pradesh have sold the monthly quota in the beginning of the month, selling pressure is said to be less which is keeping prices higher. Prices in Uttar Pradesh reported higher by Rs 20 per quintal while in Maharashtra prices were up by Rs 10 per quintal.
S-grade sugar prices in Kolhapur range between Rs 3,570 and 3,595, while M-grade sugar in Muzaffarnagar trades for Rs 3,820 to 3,850. According to Agrimandi, S grade sugar in the Kolhapur market is expected to trade between Rs 3,520 and Rs 3,620 per quintal over the next two weeks.
Ex-mill Sugar Prices as on July, 20 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3540 to 3580 |
₹3640 to 3660 |
|
Karnataka |
₹3770 to 3800 |
– |
|
Uttar Pradesh |
|
₹3820 to 3850 |
|
Gujarat |
₹3615 to 3636 |
₹3715 to 3736 |
|
Tamil Nadu |
₹3790 to 3875 |
₹4000 |
|
Madhya Pradesh |
₹3670 to 3685 |
₹3745 to 3785 |
|
Punjab |
₹3840 to 3920 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 20 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,063.50 |
|
Kanpur |
M/30 |
₹4,016.25 |
|
Kolhapur |
M/30 |
₹3,853.50 |
|
Kolkata |
M/30 |
₹4,095.00 |
|
Muzaffarnagar |
M/30 |
₹4,016.25 |
|
Ahmedabad |
M/30 |
₹3,948.00 |
|
Banglore |
M/30 |
₹3,948.00 |
|
Chennai |
M/30 |
₹4,074.00 |
News Round-Up
Amroha: Sugar mills asked to clear cane dues by July 25
Sugarcane and maize sowing update till July 19
To read more about the news about the sugar industry, continue reading Chinimandi.com.
