ChiniMandi, Mumbai: 21st Sep 2024
Domestic Market
Weak sentiment is reported in domestic sugar prices.
Domestic sugar prices were reported to be weak after a share rise and two years of stable trading. Prices fell by Rs 10 per quibtal across the markets. Demand is said to be weak, which weighed on prices during today’s session. According to sources, there was less buying interest as prices rose sharply earlier this week.
In Muzaffarnagar, M-grade sugar costs between Rs 3,830 and Rs 3,890 per quintal, while S-grade costs between Rs 3,580 and Rs 3,650 in Kolhapur. Agrimandi predicts that in the coming days, the price of S-grade sugar in Kolhapur will fall to between Rs 3,500 and Rs 3,650 per quintal.
Ex-mill Sugar Prices as on Sep, 21 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3570 to 3600 |
₹3650 to 3680 |
|
Karnataka |
₹3765 to 3825 |
₹3750 to 3875 |
|
Uttar Pradesh |
|
₹3830 to 3890 |
|
Gujarat |
₹3620 to 3650 |
₹3720 to 3770 |
|
Tamil Nadu |
₹3875 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, 21 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,105.50 |
|
Kanpur |
M/30 |
₹4,063.50 |
|
Kolhapur |
M/30 |
₹3,874.50 |
|
Kolkata |
M/30 |
₹4,158.00 |
|
Muzaffarnagar |
M/30 |
₹4,058.25 |
|
Ahmedabad |
M/30 |
₹4,021.50 |
|
Banglore |
M/30 |
₹4,053.00 |
|
Chennai |
M/30 |
₹4,168.50 |
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