ChiniMandi, Mumbai: 22nd July 2023
Domestic Market
Sugar prices reported weakness, on subdued demand
Domestic sugar prices were reported to be weak in major markets after remaining stable for four sessions. Demand is reportedly low due to heavy rainfall in Maharashtra and a truck shortage in Uttar Pradesh. Rainfall has been reported to have dampened trading activity in Maharashtra. In Kolhapur, S-grade cost between Rs 3,470 and Rs 3,510, while M-grade in Uttar Pradesh is reported in the range of Rs 3,620 and Rs 3,660.
According to AgriMandi.live, the price of S grade is expected to trade between Rs 3,440 and Rs 3,550 per quintal in the Kolhapur markets in the near future.
Ex-mill Sugar Prices as on July, 22 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3460 to 3500 |
₹3560 to 3600 |
|
Karnataka |
₹3525 to 3600 |
– |
|
Uttar Pradesh |
|
₹3600 to 3710 |
|
Gujarat |
₹3531 to 3551 |
₹3631 to 3651 |
|
Tamil Nadu |
₹3575 to 3700 |
₹3680 to 3750 |
|
Madhya Pradesh |
₹3660 |
₹3730 |
|
Punjab |
₹3745 to 3791 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 22 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,895.50 |
|
Kanpur |
M/30 |
₹3,832.50 |
|
Kolhapur |
M/30 |
₹3,780.00 |
|
Kolkata |
M/30 |
₹3,979.50 |
|
Muzaffarnagar |
M/30 |
₹3,832.50 |
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