ChiniMandi, Mumbai: 9th Nov 2024
Domestic Market
Domestic sugar prices continue to trade weakly.
Sugar prices in Uttar Pradesh and Maharashtra’s main markets have dropped another Rs 10 per quintal. Demand is said to be dull, with buyers going hand-to-mouth once crushing activity begins. Crushing has started in Uttar Pradesh, and a few mills will start today in Karnataka and Maharashtra in the third week of the month. State assembly elections in Maharashtra are expected to postpone the crushing by 20–25 days more than normal in the current season.
M-grade sugar in Muzaffarnagar costs Rs 3,840-3,890 per quintal, whereas S-grade sugar in Kolhapur costs Rs 3,460-3,530. Agrimandi.live predicts: Prices for Kolhapur S-grade sugar are expected to rise to Rs 3,400-3,560 per quintal in the coming days.
Ex-mill Sugar Prices as on Nov, 09 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3450 to 3510 |
₹3530 to 3590 |
|
South Karnataka |
₹3610 to 3775 |
₹3670 to 3825 |
|
Uttar Pradesh |
|
₹3830 to 3880 |
|
Gujarat |
₹3581 to 3621 |
₹3641 to 3741 |
|
Tamil Nadu |
₹3800 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 Nov, 09 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,105.50 |
|
Kanpur |
M/30 |
₹4,074.00 |
|
Kolhapur |
M/30 |
₹3,769.50 |
|
Kolkata |
M/30 |
₹4,126.50 |
|
Muzaffarnagar |
M/30 |
₹4,068.75 |
|
Ahmedabad |
M/30 |
₹3,927.00 |
|
Banglore |
M/30 |
₹3,979.50 |
|
Chennai |
M/30 |
₹4,084.50 |
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