Daily Sugar Market Update By Vizzie – 15/07/2023

ChiniMandi, Mumbai: 15th July 2023

Domestic Market

Sugar prices reported stable

Domestic sugar prices were reported to be stable in major markets. Demand is reported to be good due to strong demand. North India saw strong stockist demand on the eve of Shravan. Shravan will begin next week in Maharashtra and South India, which is expected to keep demand high.

In Kolhapur, S grades ranged from Rs 3,490 to Rs 3,520, while M grades in Muzaffarnagar cost between Rs 3,640 and Rs 3,680. AgriMandi.live estimates that the price for S grade in the Kolhapur markets will range between Rs 3,440 and Rs 3,550 per quintal.

Ex-mill Sugar Prices as on July, 15 2023 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3460 to 3500

₹3560 to 3600

Karnataka

₹3565 to 3600

Uttar Pradesh

₹3615 to 3715

Gujarat

₹3521 to 3541

₹3621 to 3641

Tamil Nadu

₹3580 to 3700

₹3670 to 3750

Madhya Pradesh

₹3670 to 3685

₹3740 to 3755

Punjab

₹3730 to 3801

(All the above rates are excluding GST)

Destination-wise Spot Prices as on July, 15 2023 :

City

Grade

Rate

Delhi

M/30

₹3916.50

Kanpur

M/30

₹3853.50

Kolhapur

M/30

₹3801.00

Kolkata

M/30

₹4000.50

Muzaffarnagar

M/30

₹3853.50

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