ChiniMandi, Mumbai: 9th December 2023
Domestic Market
Domestic sugar prices reported to be stable
Sugar prices in the major domestic markets have been reported to be stable for the second session. Demand is said to be low at these prices. Buyers prefer hand to mouth because prices are expected to remain low during the current crushing season.
In Kolhapur, S-grade sugar costs between Rs 3,580 and Rs 3,640 per quintal, while M-grade sugar costs between Rs 3,900 and Rs 3,950. According to Agrimandi, S grade sugar will trade in Kolhapur markets for between Rs 3,600 and Rs 3,720 over the next two weeks.
Ex-mill Sugar Prices as on December, 09 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3610 to 3650 |
₹3680 to 3730 |
|
Karnataka |
₹3700 |
₹3750 |
|
Uttar Pradesh |
|
₹3740 to 3845 |
|
Gujarat |
₹3621 to 3661 |
₹3701 to 3741 |
|
Tamil Nadu |
₹3775 to 3875 |
₹3835 to 3900 |
|
Madhya Pradesh |
₹3830 |
– |
|
Punjab |
₹4000 to 4121 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on December, 09 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,116.00 |
|
Kanpur |
M/30 |
₹4,074.00 |
|
Kolhapur |
M/30 |
₹3,885.00 |
|
Kolkata |
M/30 |
₹4,105.50 |
|
Muzaffarnagar |
M/30 |
₹4,074.00 |
News Round-Up
Ban on using sugarcane juice for ethanol production will not impact blending target: Government
Ban on using sugarcane juice for ethanol production will not impact blending target: Government
Ban on using sugarcane juice for making ethanol temporary and will be continuously reviewed: Govt
Ban on using sugarcane juice for making ethanol temporary and will be continuously reviewed: Govt
Assam: BSF thwarts another sugar smuggling attempt
Karnataka gets investment proposals in green hydrogen sector
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Cabinet Committee on Economic Affairs approves jute packaging norms for foodgrains, sugar
Cabinet Committee on Economic Affairs approves jute packaging norms for foodgrains, sugar
