ChiniMandi, Mumbai: 1st January 2024
Domestic Market
Domestic sugar prices continued to rule steady
Sugar prices are said to be stable in the major markets for the third session. On a thin trading session, prices were reported to be stable. At the current price levels, demand is said to be strong.
In Muzaffarnagar, M-grade sugar ranges between Rs 3,790 and Rs 3,840 per quintal, while in Kolhapur, S-grade sugar ranges between Rs 3,560 and Rs 3,620 per quintal. According to Agrimandi.live, S grade sugar will trade in Kolhapur markets for between Rs 3,500 and Rs 3,650 per quintal over the next two weeks.
Ex-mill Sugar Prices as on January, 01 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3530 to 3570 |
₹3610 to 3650 |
|
Karnataka |
Holiday |
Holiday |
|
Uttar Pradesh |
|
₹3745 to 3850 |
|
Gujarat |
Old – ₹3581 |
Old – ₹3631 to 3641 New – ₹3701 to 3731 |
|
Tamil Nadu |
Holiday |
Holiday |
|
Madhya Pradesh |
₹3700 to 3745 |
₹3775 to 3795 |
|
Punjab |
₹3840 to 3901 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on January, 01 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,032.00 |
|
Kanpur |
M/30 |
₹3,990.00 |
|
Kolhapur |
M/30 |
₹3,864.00 |
|
Kolkata |
M/30 |
₹4,053.00 |
|
Muzaffarnagar |
M/30 |
₹3,990.00 |
Currency, Commodity & Indian Indices
The rupee traded against the US dollar at 83.226 whereas USD was trading with BRL at 4.8524, Crude futures traded at ₹6027, Crude WTI traded at $71.33 barrel. Sensex closed 31.68 points higher at 72271.94 whereas Nifty ended 10.50 points higher at 21741.90
