ChiniMandi, Mumbai: 18th November 2023
Domestic Market
Domestic sugar prices continue to quote stable
Sugar prices in the major domestic markets have reported stable. Prices of previous season sugar is trading discount to new season by Rs 100-160 per quintal.
The crushing campaign began in Uttar Pradesh; around 90 mills began operations; 52 mills are operational in Karnataka; and 110 mills are operational in Maharashtra. As the crushing campaign begins, prices are expected to remain stable in the short to medium term.
The price range for S-grade sugar in Kolhapur was Rs 3,630 to Rs 3,660 per quintal, while the price range for M-grade sugar in Muzaffarnagar was Rs 3,980 to Rs 4,040. Agrimandi predicts that during the course of the next two weeks, S grade sugar will trade in Kolhapur markets for between Rs 3,600 and Rs 3,720.
Ex-mill Sugar Prices as on November, 18 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3640 to 3700 |
₹3740 to 3800 |
|
Karnataka |
₹3675 to 3700 |
₹3750 |
|
Uttar Pradesh |
|
₹3845 to 3945 |
|
Gujarat |
₹3701 to 3741 |
₹3781 to 3821 |
|
Tamil Nadu |
₹3750 to 3850 |
₹3800 to 3900 |
|
Madhya Pradesh |
₹3850 |
₹3900 |
|
Punjab |
₹3950 to 4250 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on November, 18 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,242.00 |
|
Kanpur |
M/30 |
₹4,200.00 |
|
Kolhapur |
M/30 |
₹3,927.00 |
|
Kolkata |
M/30 |
₹4,210.50 |
|
Muzaffarnagar |
M/30 |
₹4,200.00 |
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