ChiniMandi, Mumbai: 6th May 2023
Domestic Market
Firm sentiment witnessed across the markets
Firm sentiment reported across the markets on good demand in physical markets. Prices are continued its uptrend despite a higher monthly quota as supply this season will be lower. Prices at the major markets reported higher by Rs 5-10 per Qtl, day on day basis.
According to Agrimandi.live, prices are expected to trade higher with a limited downside due to lower supply in the coming days. More rise is expected in the Kolhapur market than in Muzaffarnagar, and the spread between these markets is likely to narrow in the coming days.
Ex-mill Sugar Prices as on May, 6 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3400 to 3420 |
₹3500 to 3530 |
|
Karnataka |
₹3520 to 3575 |
₹3600 to 3625 |
|
Uttar Pradesh |
|
₹3590 to 3655 |
|
Gujarat |
₹3435 to 3471 |
₹3515 to 3541 |
|
Tamil Nadu |
₹3550 to 3620 |
₹3625 to 3650 |
|
Madhya Pradesh |
₹3570 to 3615 |
₹3640 to 3685 |
|
Punjab |
₹3690 to 3721 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on May, 6 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹3,879.75 |
|
Kanpur |
M/30 |
₹3,827.25 |
|
Kolhapur |
M/30 |
₹3,690.75 |
|
Kolkata |
M/30 |
₹4,000.50 |
|
Muzaffarnagar |
M/30 |
₹3,806.25 |
News Round-Up
CACP recommends hike in sugarcane FRP by Rs 10/quintal for 2023-24 season
CACP recommends hike in sugarcane FRP by Rs 10/quintal for 2023-24 season
Farmers advised to follow natural farming
Indian edible oil industry body asks producers to cut prices
Indian edible oil industry body asks producers to cut prices
India reports 2,961 new Covid cases in last 24 hours
India’s forex reserves rise USD 4.5 bln to USD 588.78 billion
India’s forex reserves rise USD 4.5 bln to USD 588.78 billion
