Daily Sugar Market Update By Vizzie – 06/01/2024

ChiniMandi, Mumbai: 6th January 2024

Domestic Market

Domestic sugar prices continued to trade stable

Sugar prices in the major markets were reported to be stable across the markets. Ongoing crushing season is weighing on spot market prices and is likely to pressurise in coming days as well. In Muzaffarnagar M-grade sugar trade between Rs 3,780 and Rs 3,840 per quintal , while in Kolhapur S-grade sugar is ranged between Rs 3,550 and Rs 3,610 per quintal. According to Agrimandi.live, S grade sugar in Kolhapur markets are expected to trade between Rs 3,500 and Rs 3,620 per quintal over the next two weeks.

Ex-mill Sugar Prices as on January, 06 2024 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3510 to 3550

₹3590 to 3630

Karnataka

₹3690 to 3700

₹3750

Uttar Pradesh

₹3760 to 3870

Gujarat

Old – ₹3581
New – ₹3651 to 3661

Old – ₹3631 to 3641

New – ₹3701 to 3731

Tamil Nadu

₹3750 to 3875

₹3810 to 3900

Madhya Pradesh

₹3715 to 3735

₹3765 to 3785

Punjab

₹3880 to 3901

(All the above rates are excluding GST)

Destination-wise Spot Prices as on January, 06 2024 :

City

Grade

Rate

Delhi

M/30

₹4,042.50

Kanpur

M/30

₹4,000.50

Kolhapur

M/30

₹3,853.50

Kolkata

M/30

₹4,053.00

Muzaffarnagar

M/30

₹4,000.50

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