ChiniMandi, Mumbai: 17th April 2024
Domestic Market
Domestic sugar prices continue to surge
Domestic sugar prices in the major markets were reported to be higher due to high demand and a limited quota for millers. Demand is reported to be stronger due to summer and festive demand. Furthermore, mill closures supported the price rally. Prices have increased by Rs 10-20 per quintal in the major markets.
In Muzaffarnagar, M-grade sugar is priced between Rs 3,860 and Rs 3,900 per quintal, while S-grade sugar is expected to cost between Rs 3,510 and Rs 3,560. Agrimandi expects the price of S grade sugar in the Kolhapur market to fall to between Rs 3,450 and Rs 3,580 per quintal within the next two weeks.
Ex-mill Sugar Prices as on April, 17 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3500 to 3550 |
₹3600 to 3650 |
|
Karnataka |
₹3800 |
– |
|
Uttar Pradesh |
|
₹3870 to 3890 |
|
Gujarat |
₹3575 to 3610 |
₹3675 to 3720 |
|
Tamil Nadu |
₹3775 to 3950 |
₹3885 |
|
Madhya Pradesh |
₹3600 to 3610 |
₹3650 to 3660 |
|
Punjab |
₹3825 to 3860 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on April, 17 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,126.50 |
|
Kanpur |
M/30 |
₹4,074.00 |
|
Kolhapur |
M/30 |
₹3,832.50 |
|
Kolkata |
M/30 |
₹4,105.50 |
|
Muzaffarnagar |
M/30 |
₹4,074.00 |
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