ChiniMandi, Mumbai: 26th Oct 2024
Domestic Market
Domestic sugar prices remained stable
After trading weak for three sessions, domestic sugar prices were reported to be stable across major markets for the second session. Prices have decreased by Rs 130-150 per quintal from the recent high despite the delay in crushing activity. Demand continues to remain lower as buyers adopt a hand-to-mouth purchasing strategy as crushing activity is expected to start from next month. Crushing in Karnataka and Maharashtra is delayed by 20-30 days this season; however, adequate stocks are keeping prices lower.
The price of M-grade sugar in Muzaffarnagar ranges from Rs 3,810 to Rs 3,860 per quintal, whereas S-grade sugar in Kolhapur is priced between Rs 3,510 and Rs 3,580. Agrimandi.live anticipates that S-grade sugar prices in Kolhapur will range from Rs 3,500 to Rs 3,620 per quintal in the near future.
Ex-mill Sugar Prices as on Oct, 26 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3470 to 3530 |
₹3550 to 3600 |
|
South Karnataka |
₹3630 to 3775 |
₹3650 to 3825 |
|
Uttar Pradesh |
|
₹3810 to 3860 |
|
Gujarat |
₹3591 to 3641 |
₹3645 to 3765 |
|
Tamil Nadu |
₹3780 to 3925 |
₹3925 to 4025 |
|
Madhya Pradesh |
₹3700 to 3720 |
₹3750 to 3820 |
|
Punjab |
₹3950 to 4050 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Oct, 26 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,074.00 |
|
Kanpur |
M/30 |
₹4,042.50 |
|
Kolhapur |
M/30 |
₹3,822.00 |
|
Kolkata |
M/30 |
₹4,116.00 |
|
Muzaffarnagar |
M/30 |
₹4,042.50 |
|
Ahmedabad |
M/30 |
₹3,969.00 |
|
Banglore |
M/30 |
₹4,011.00 |
|
Chennai |
M/30 |
₹4,116.00 |
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