ChiniMandi, Mumbai: 28th October 2023
Domestic Market
Domestic sugar prices reported to be stable
Sugar prices in the major domestic market have remained stable after rising due to strong festive demand coupled with short supply. Prices in the major markets are trading at multi-year highs due to tighter supply.
In Kolhapur, S-grade sugar costs between Rs. 3,680 and 3,740 per quintal, while M-grade sugar costs between Rs. 3,980 and 4,020 per quintal.
According to Agrimandi.live, S grade sugar in Kolhapur markets is expected to trade between Rs 3,650 and Rs 3,750 in the next two weeks
Ex-mill Sugar Prices as on October, 28 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3650 to 3700 |
₹3750 to 3800 |
|
Karnataka |
₹3670 to 3710 |
₹3760 |
|
Uttar Pradesh |
|
₹3975 to 4035 |
|
Gujarat |
₹3690 to 3761 |
₹3770 to 3801 |
|
Tamil Nadu |
₹3770 to 3850 |
₹3830 to 3900 |
|
Madhya Pradesh |
₹3890 to 3905 |
₹3960 to 3975 |
|
Punjab |
₹4040 to 4251 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on October, 28 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,210.50 |
|
Kanpur |
M/30 |
₹4,179.00 |
|
Kolhapur |
M/30 |
₹4,000.50 |
|
Kolkata |
M/30 |
₹4,242.00 |
|
Muzaffarnagar |
M/30 |
₹4,189.50 |
News Round-Up
Record crop: Sugar mills in Brazil to extend sugarcane crushing operations
Record crop: Sugar mills in Brazil to extend sugarcane crushing operations
Punjab: Bhagwanpura sugar mill on the verge of shutting down
Punjab: Bhagwanpura sugar mill on the verge of shutting down
Punjab: Bhogpur sugar mill generating electricity from paddy stubble
Punjab: Bhogpur sugar mill generating electricity from paddy stubble
Punjab: Bhogpur sugar mill generating electricity from paddy stubble
Punjab: Bhogpur sugar mill generating electricity from paddy stubble
BPCL posts highest ever half-yearly profit of Rs 19,052 crores
BPCL posts highest ever half-yearly profit of Rs 19,052 crores
