ChiniMandi, Mumbai: 04th Jan 2025
Domestic Market
Domestic prices were stable
After a sharp rise, domestic sugar prices in major markets were reported to be stable. As millers were offering the new crop sugar, prices have recovered by Rs 120-150 per quintal from their recent lows. Demand is said to be average and with the peak crushing season, prices are expected to remain under pressure.
S-grade sugar in Kolhapur ranged between Rs 3,410 and 3,450 per quintal, while M-grade sugar in Muzaffarnagar costs Rs 3,800 to 3,860. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,300 and Rs 3,480 per quintal in the near future.
Ex-mill Sugar Prices as onย Jan, 04 2025 :ย
|
State |
S/30ย [Rates per Quintal]ย |
M/30 [Rates per Quintal]ย |
|
Maharashtra |
โน3430 to 3500 |
โน3500 to 3600 |
|
South Karnataka |
โน3635 to 3650 |
โน3700 |
|
Uttar Pradesh |
|
โน3830 to 3890 |
|
Gujarat |
โน3541 to 3581 |
โน3561 to 3641 |
|
Tamil Nadu |
โน3750 to 3900 |
โน3810 to 3975 |
|
Madhya Pradesh |
โน3615 to 3665 |
โน3685 to 3765 |
|
Punjab |
โน3951 to 3971 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as onย Jan, 04 2025 :ย
|
Cityย |
Gradeย |
Rateย |
|
Delhi |
M/30 |
โน4,084.00 |
|
Kanpur |
M/30 |
โน4,053.00 |
|
Kolhapur |
M/30 |
โน3,717.00 |
|
Kolkata |
M/30 |
โน4,101.50 |
|
Muzaffarnagar |
M/30 |
โน4,047.75 |
|
Ahmedabad |
M/30 |
โน3,885.00 |
|
Bangaluru |
M/30 |
โน3,937.50 |
|
Chennai |
M/30 |
โน4,063.50 |
News Round-Up
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For more details and in-depth insights, keep reading ChiniMandi, your go-to source for the latest news on the Sugar and Allied Sectors news.
