Daily Sugar Market Update By Vizzie – 14/09/2024

ChiniMandi, Mumbai: 14th Sep 2024

Domestic Market

Domestic sugar prices remained constant to higher.

Following a weak session, domestic sugar prices were reported to be flat or higher. After continuing to plummet, prices in Uttar Pradesh rose by Rs 40-50 per quintal, while in Kolhapur they stayed unchanged. A sudden increase in demand in the evening caused a strong bounce in prices in Uttar Pradesh.

M-grade sugar costs between Rs 3,760 and Rs 3,810 per quintal in Muzaffarnagar, whilst S-grade costs between Rs 3,560 and Rs 3,620 in Kolhapur. Agrimandi forecasts that S-grade sugar prices in Kolhapur will fall between Rs 3,500 and Rs 3,650 per quintal in the next days.

News Round-Up

Uttar Pradesh: Farmers face severe crop damage due to heavy rain in Moradabad

Uttar Pradesh: Farmers face severe crop damage due to heavy rain in Moradabad

Government tightens wheat stock limits to stabilize prices

Government tightens wheat stock limits to stabilize prices

Government removes Floor Price on Basmati Rice

Government removes Floor Price on Basmati Rice

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