ChiniMandi, Mumbai: 21st October 2023
Domestic Market
Domestic sugar prices have remained stable.
Due to weak demand, sugar prices in the major domestic market are expected to remain stable for the second session. Despite the beginning of the holiday season, demand is said to be low. Prices are expected to trade firmer in the short term due to market tightness and the delay in the start of crushing.
In Kolhapur, S-grade sugar costs between Rs. 3,640 and 3,680 per quintal, while M-grade sugar costs between Rs. 3,870 and 3,900 per quintal in Muzaffarnagar. According to Agrimandi.live, S grade sugar will cost between Rs 3,620 and Rs 3,700 in Kolhapur markets.
Ex-mill Sugar Prices as on October, 21 2023 :
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
Maharashtra |
₹3620 to 3680 |
₹3720 to 3780 |
Karnataka |
₹3650 to 3675 |
₹3725 to 3730 |
Uttar Pradesh |
|
₹3850 to 3945 |
Gujarat |
₹3690 to 3761 |
₹3770 to 3801 |
Tamil Nadu |
₹3700 to 3825 |
₹3875 |
Madhya Pradesh |
₹3835 to 3845 |
₹3905 to 3915 |
Punjab |
₹3970 to 4180 |
|
(All the above rates are excluding GST) |
Destination-wise Spot Prices as on October, 21 2023 :
City |
Grade |
Rate |
Delhi |
M/30 |
₹4,126.50 |
Kanpur |
M/30 |
₹4,084.50 |
Kolhapur |
M/30 |
₹3,958.50 |
Kolkata |
M/30 |
₹4,137.00 |
Muzaffarnagar |
M/30 |
₹4,100.25 |
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