ChiniMandi, Mumbai: 25th Dec 2024
Domestic Market
Domestic prices remained stable
After a slight increase over the last 4-5 sessions, domestic sugar prices in major markets were reported to be stable. As Christmas and New Year demand is met, prices are trading steady. Moreover, quota for the next month was expected to be released in the next 2-3 days, which also kept the sentiment stable.
According to market participants, the monthly quota is expected to be around 22.0 lakh tons, lower by 1.0 lakh tons compared to the same month the previous year.
S-grade sugar in Kolhapur costs Rs 3,330-3,380 per quintal, while M-grade sugar in Muzaffarnagar costs Rs 3,720-3,750. 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, 25 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3360 to 3400 |
₹3440 to 3470 |
|
South Karnataka |
₹3575 to 3600 |
₹3640 to 3650 |
|
Uttar Pradesh |
|
₹3730 to 3770 |
|
Gujarat |
₹3411 to 3461 |
₹3501 to 3511 |
|
Tamil Nadu |
₹3670 to 3775 |
₹3730 to 3850 |
|
Madhya Pradesh |
₹3450 to 3500 |
₹3520 to 3570 |
|
Punjab |
₹3700 to 3871 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 25 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,969.00 |
|
Kanpur |
M/30 |
₹3,932.25 |
|
Kolhapur |
M/30 |
₹3,633.00 |
|
Kolkata |
M/30 |
₹3,979.50 |
|
Muzaffarnagar |
M/30 |
₹3,927.00 |
|
Ahmedabad |
M/30 |
₹3,780.00 |
|
Bangaluru |
M/30 |
₹3,832.50 |
|
Chennai |
M/30 |
₹3,948.00 |
News Round-Up
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