ChiniMandi, Mumbai: 14th Dec 2024
Domestic Market
Domestic prices traded stable.
Domestic sugar prices in major marketplaces were observed to be unchanged overall. Despite the price drop, demand remains low, with purchasers remaining need-based since the beginning of crushing activity. Almost all mills are functioning in Karnataka and Uttar Pradesh, and more than 180 have started crushing operations in Maharashtra, which should keep pricing under control. Due to restricted cane availability in Maharashtra, fewer mills are projected to run this season. S-grade sugar in Kolhapur costs Rs 3,310-3,360 per quintal, whereas M-grade sugar in Muzaffarnagar costs Rs 3,680-3,720. Agrimandi.live expects that the price of Kolhapur S-grade sugar would be between Rs 3,300 and Rs 3,400 per quintal in the near future.
Ex-mill Sugar Prices as on Dec, 14 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3330 to 3370 |
₹3420 to 3450 |
|
South Karnataka |
₹3430 to 3500 |
₹3550 |
|
Uttar Pradesh |
|
₹3660 to 3710 |
|
Gujarat |
₹3411 to 3461 |
₹3481 to 3511 |
|
Tamil Nadu |
₹3625 to 3700 |
₹3700 to 3775 |
|
Madhya Pradesh |
₹3700 to 3720 |
₹3750 to 3820 |
|
Punjab |
₹3710 to 3900 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 14 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,927.00 |
|
Kanpur |
M/30 |
₹3,890.25 |
|
Kolhapur |
M/30 |
₹3,601.50 |
|
Kolkata |
M/30 |
₹3,937.50 |
|
Muzaffarnagar |
M/30 |
₹3,885.00 |
|
Ahmedabad |
M/30 |
₹3,748.50 |
|
Bengaluru |
M/30 |
₹3,801.00 |
|
Chennai |
M/30 |
₹3,916..50 |
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