Daily Sugar Market Update By Vizzie – 21/12/2024

ChiniMandi, Mumbai: 21st Dec 2024

Domestic Market

Domestic prices continue to trade higher

Following a sharp drop, domestic sugar prices across the major markets were reported to be higher by Rs 10 per quintal for the third session. As per the sources, good demand ahead of Christmas and New Year is supporting the prices.

S-grade sugar in Kolhapur costs Rs 3,330-3,380 per quintal, whereas M-grade sugar in Muzaffarnagar costs Rs 3,710-3,740. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,260 and Rs 3,380 per quintal in the near future.

Ex-mill Sugar Prices as on  Dec, 21 2024 : 

State

S/30 

[Rates per Quintal] 

M/30

[Rates per Quintal] 

Maharashtra

₹3360 to 3400

₹3440 to 3470

South Karnataka

₹3420 to 3500

₹3500 to 3550

Uttar Pradesh

₹3710 to 3750

Gujarat

₹3421 to 3471

₹3491 to 3521

Tamil Nadu

₹3650

₹3725

Madhya Pradesh

₹3730 to 3750

₹3780 to 3850

Punjab

₹3720 to 3871

(All the above rates are excluding GST)

Destination-wise Spot Prices as on  Dec, 21 2024 : 

City 

Grade 

Rate 

Delhi

M/30

₹3,948.00

Kanpur

M/30

₹3,911.25

Kolhapur

M/30

₹3,622.50

Kolkata

M/30

₹3,958.50

Muzaffarnagar

M/30

₹3,906.00

Ahmedabad

M/30

₹3,769.50

Bangaluru

M/30

₹3,822.00

Chennai

M/30

₹3,937.50

 

News Round-Up

Tamil Nadu: Sugarcane crushing begins at Arignar Anna Sugar Mills

Tamil Nadu: Sugarcane crushing begins at Arignar Anna Sugar Mills

FSSAI asks food business operators to submit data of expired or rejected food

FSSAI asks food business operators to submit data of expired or rejected food

Nitin Gadkari inaugurates India’s first bio-bitumen-based National Highway stretch

Nitin Gadkari inaugurates India’s first bio-bitumen-based National Highway stretch

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here