ChiniMandi, Mumbai: 26th August 2023
Domestic Market
Domestic prices reported weak, subdued demand
Domestic sugar prices fell on weak demand in the major trading centers. Despite the dire crop situation due to the drought, demand is reported to be dull, weighing on sugar prices. However, prices in the spot market are likely to be supported by lower rainfall activity over major cane growing regions, combined with lower supply.
Prices per quintal in Kolhapur were reported to be between Rs 3,520 and Rs 3,540, and between Rs 3,700 and Rs 3,740 in Muzaffarnagar. According to AgriMandi.live, S grade will be traded in the Kolhapur markets between Rs 3,500 and Rs 3,580 per quintal in the near future.
Ex-mill Sugar Prices as on August, 26 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3540 to 3610 |
₹3640 to 3710 |
|
Karnataka |
₹3590 to 3650 |
₹3690 to 3700 |
|
Uttar Pradesh |
|
₹3720 to 3790 |
|
Gujarat |
₹3565 to 3581 |
₹3641 to 3671 |
|
Tamil Nadu |
₹3650 to 3800 |
₹3760 to 3850 |
|
Madhya Pradesh |
₹3730 to 3740 |
₹3800 to 3810 |
|
Punjab |
₹3800 to 3941 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on August, 26 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3948.00 |
|
Kanpur |
M/30 |
₹3906.00 |
|
Kolhapur |
M/30 |
₹3843.00 |
|
Kolkata |
M/30 |
₹4063.50 |
|
Muzaffarnagar |
M/30 |
₹3916.50 |
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