Daily Sugar Market Update By Vizzie – 05/10/2024

ChiniMandi, Mumbai: 5th Oct 2024

Domestic Market

Domestic sugar prices were stable

After a slight increase, domestic sugar prices were reported to be stable across markets. Sellers remained inactive in anticipation of price increases before the holiday season. Demand is described as average and need-based.

M-grade sugar in Muzaffarnagar ranges from Rs 3,930 to Rs 3,980 per quintal, while S-grade sugar in Kolhapur costs between Rs 3,590 and Rs 3,660. Agrimandi.live forecasts that S-grade sugar prices in Kolhapur will fall between Rs 3,500 and Rs 3,650 per quintal in the coming days.

Ex-mill Sugar Prices as onย  Oct, 5 2024 :ย 

State

S/30ย 

[Rates per Quintal]ย 

M/30

[Rates per Quintal]ย 

Maharashtra

โ‚น3580 to 3620

โ‚น3660 to 3700

Karnataka

โ‚น3740 to 3825

โ‚น3760 to 3875

Uttar Pradesh

โ‚น3930 to 3980

Gujarat

โ‚น3651 to 3701

โ‚น3740 to 3821

Tamil Nadu

โ‚น3875 to 4000

โ‚น3975 to 4100

Madhya Pradesh

โ‚น3700 to 3720

โ‚น3750 to 3820

Punjab

โ‚น3950 to 4040

(All the above rates are excluding GST)

Destination-wise Spot Prices as onย  Oct, 5 2024 :ย 

Cityย 

Gradeย 

Rateย 

Delhi

M/30

โ‚น4,210.50

Kanpur

M/30

โ‚น4,168.50

Kolhapur

M/30

โ‚น3,906.00

Kolkata

M/30

โ‚น4,252.50

Muzaffarnagar

M/30

โ‚น4,163.25

Ahmedabad

M/30

โ‚น4,053.00

Banglore

M/30

โ‚น4,095.00

Chennai

M/30

โ‚น4,210.50

 

News Round-Up

From the editorโ€™s desk โ€“ Hope for smooth new season: Industry optimistic to attain new heights with government support

From the editorโ€™s desk – Hope for smooth new season: Industry optimistic to attain new heights with government support

Goa: Farmers appeal to government to take immediate steps to reopen sugar factory

Goa: Farmers appeal to government to take immediate steps to reopen sugar factory

September Sees IPO surge as 41 companies file offer documents with SEBI

September Sees IPO surge as 41 companies file offer documents with SEBI

 

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