ChiniMandi, Mumbai: 19th August 2023
Domestic Market
Domestic prices continue to trade higher
Sugar prices in domestic markets rose for the third session in a row due to strong demand. Today, prices in the major markets increased by Rs 10-20 per quintal. Lower rainfall activity over major cane growing regions, combined with lower supply, is supporting spot market prices.
Prices in Kolhapur were reported to be in the Rs 3,540-3,560 per quintal range, while prices in Muzaffarnagar were reported to be in the Rs 3,710-3,750 range. According to AgriMandi.live, S grade will trade in the Kolhapur markets between Rs 3,500 and Rs 3,580 per quintal in the near future.
Ex-mill Sugar Prices as on August, 19 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3550 to 3600 |
₹3650 to 3700 |
|
Karnataka |
– |
– |
|
Uttar Pradesh |
|
₹3700 to 3760 |
|
Gujarat |
₹3581 to 3601 |
₹3661 to 3681 |
|
Tamil Nadu |
₹3660 to 3800 |
₹3775 to 3850 |
|
Madhya Pradesh |
₹3735 to 3750 |
₹3805 to 3820 |
|
Punjab |
₹3750 to 3830 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on August, 19 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,948.00 |
|
Kanpur |
M/30 |
₹3,906.00 |
|
Kolhapur |
M/30 |
₹3,864.00 |
|
Kolkata |
M/30 |
₹4,063.50 |
|
Muzaffarnagar |
M/30 |
₹3,916.50 |
News Round-Up
Sugar prices fall after Conab’s increases Brazil’s sugar production estimate
Sugar prices fall after Conab’s increases Brazil’s sugar production estimate
Sugar consumption in Kenya drops
Sugar prices in Pakistan rose to Rs 160 per kg
BCL Industry reports hike in Q1 profit owing to ethanol production
BCL Industry reports hike in Q1 profit owing to ethanol production
Number of Jan Dhan bank accounts crossed 50 crore: Centre
