Daily Sugar Market Update By Vizzie – 17/08/2024

ChiniMandi, Mumbai: 17th Aug 2024

Domestic Market

Domestic sugar prices indicate a steady sentiment.

Domestic sugar prices in major markets have been reported to be stable following a continuous decline. However, traders report that demand remains low, which may keep prices in check.

The price range for M-grade sugar in Muzaffarnagar was Rs 3,860-3,910 per quintal, while S-grade in Kolhapur was in the ranges of Rs 3,620-3,660 per quintal. Agrimandi expects S-grade sugar prices in the Kolhapur market to range between Rs 3,600 and Rs 3,750 per quintal over the next two weeks.

Ex-mill Sugar Prices as on  Aug, 17 2024 : 

State

S/30 

[Rates per Quintal] 

M/30

[Rates per Quintal] 

Maharashtra

₹3600 to 3650

₹3680 to 3730

Karnataka

₹3750 to 3825

Uttar Pradesh

₹3860 to 3910

Gujarat

₹3635 to 3666

₹3735 to 3766

Tamil Nadu

₹3850 to 4025

₹4000 to 4125

Madhya Pradesh

₹3730 to 3770

₹3820 to 3860

Punjab

₹4000 to 4060

(All the above rates are excluding GST)

Destination-wise Spot Prices as on  Aug, 17 2024 : 

City 

Grade 

Rate 

Delhi

M/30

₹4,116.00

Kanpur

M/30

₹4,063.50

Kolhapur

M/30

₹3,895.50

Kolkata

M/30

₹4,168.50

Muzaffarnagar

M/30

₹4,063.50

Ahmedabad

M/30

₹4,005.75

Banglore

M/30

₹4,042.50

Chennai

M/30

₹4,179.00

 

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