ChiniMandi, Mumbai: 23rd December 2023
Domestic Market
Domestic sugar prices reported to be stable
According to reports, sugar prices in the major markets are stable. As the crushing season continues, prices are expected to fall; buyers prefer hand to mouth. There is less demand at tender prices, but there is strong resale demand, according to reports.
In Muzaffarnagar, M-grade sugar costs approximately Rs 3,800 to Rs 3,840 per quintal, while in Kolhapur, S-grade sugar costs approximately Rs 3,560 to Rs 3,620 per quintal. Agrimandi.live predicts that in the upcoming two weeks, S grade sugar will trade in Kolhapur markets for between Rs 3,500 and Rs 3,650 per quintal.
Ex-mill Sugar Prices as on December, 23 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3610 to 3650 |
₹3690 to 3730 |
|
Karnataka |
₹3675 |
₹3725 |
|
Uttar Pradesh |
|
₹3680 to 3795 |
|
Gujarat |
₹3625 to 3651 |
₹3711 to 3741 |
|
Tamil Nadu |
₹3750 to 3875 |
₹3820 to 3900 |
|
Madhya Pradesh |
₹3745 to 3765 |
₹3795 to 3815 |
|
Punjab |
₹3850 to 3921 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on December, 23 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,042.50 |
|
Kanpur |
M/30 |
₹4,000.50 |
|
Kolhapur |
M/30 |
₹3,874.50 |
|
Kolkata |
M/30 |
₹4,063.50 |
|
Muzaffarnagar |
M/30 |
₹4,000.50 |
Daily Sugar Market Update By Vizzie – 22/12/2023
