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.
Ex-mill Sugar Prices as on Sep, 14 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3550 to 3590 |
₹3630 to 3670 |
|
Karnataka |
₹3720 to 3800 |
₹3750 to 3850 |
|
Uttar Pradesh |
|
₹3760 to 3810 |
|
Gujarat |
₹3600 to 3630 |
₹3680 to 3730 |
|
Tamil Nadu |
₹3825 to 4000 |
₹3950 to 4100 |
|
Madhya Pradesh |
₹3730 to 3770 |
₹3975 |
|
Punjab |
₹4000 to 4060 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Sep, 14 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,000.50 |
|
Kanpur |
M/30 |
₹3,958.50 |
|
Kolhapur |
M/30 |
₹3,858.75 |
|
Kolkata |
M/30 |
₹4,063.50 |
|
Muzaffarnagar |
M/30 |
₹3,958.50 |
|
Ahmedabad |
M/30 |
₹3,979.50 |
|
Banglore |
M/30 |
₹4,011.00 |
|
Chennai |
M/30 |
₹4,137.00 |
News Round-Up
Uttar Pradesh: Farmers face severe crop damage due to heavy rain in Moradabad
Government tightens wheat stock limits to stabilize prices
Government removes Floor Price on Basmati Rice
