Daily Sugar Market Update By Vizzie – 05/10/2024

ChiniMandi, Mumbai: 5th Oct 2024

Domestic Market

Domestic sugar prices were stable

After a slight increase, domestic sugar prices were reported to be stable across markets. Sellers remained inactive in anticipation of price increases before the holiday season. Demand is described as average and need-based.

M-grade sugar in Muzaffarnagar ranges from Rs 3,930 to Rs 3,980 per quintal, while S-grade sugar in Kolhapur costs between Rs 3,590 and Rs 3,660. Agrimandi.live forecasts that S-grade sugar prices in Kolhapur will fall between Rs 3,500 and Rs 3,650 per quintal in the coming days.

Ex-mill Sugar Prices as on  Oct, 5 2024 : 

State

S/30 

[Rates per Quintal] 

M/30

[Rates per Quintal] 

Maharashtra

₹3580 to 3620

₹3660 to 3700

Karnataka

₹3740 to 3825

₹3760 to 3875

Uttar Pradesh

₹3930 to 3980

Gujarat

₹3651 to 3701

₹3740 to 3821

Tamil Nadu

₹3875 to 4000

₹3975 to 4100

Madhya Pradesh

₹3700 to 3720

₹3750 to 3820

Punjab

₹3950 to 4040

(All the above rates are excluding GST)

Destination-wise Spot Prices as on  Oct, 5 2024 : 

City 

Grade 

Rate 

Delhi

M/30

₹4,210.50

Kanpur

M/30

₹4,168.50

Kolhapur

M/30

₹3,906.00

Kolkata

M/30

₹4,252.50

Muzaffarnagar

M/30

₹4,163.25

Ahmedabad

M/30

₹4,053.00

Banglore

M/30

₹4,095.00

Chennai

M/30

₹4,210.50

 

News Round-Up

From the editor’s desk – Hope for smooth new season: Industry optimistic to attain new heights with government support

From the editor’s desk – Hope for smooth new season: Industry optimistic to attain new heights with government support

Goa: Farmers appeal to government to take immediate steps to reopen sugar factory

Goa: Farmers appeal to government to take immediate steps to reopen sugar factory

September Sees IPO surge as 41 companies file offer documents with SEBI

September Sees IPO surge as 41 companies file offer documents with SEBI

 

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