Daily Sugar Market Update By Vizzie – 20/04/2024

ChiniMandi, Mumbai: 20th April 2024

Domestic Market

Domestic sugar prices were reported weak

Domestic sugar prices in the major markets were reported to be weak after a sharp rise from the beginning of the week. Prices have risen by nearly Rs 150 per quintal due to lower quota availability.

In Muzaffarnagar, M-grade sugar is priced between Rs 3,880 and Rs 3,910 per quintal, while S-grade sugar is expected to cost between Rs 3,540 and Rs 3,590. Agrimandi expects the price of S grade sugar in the Kolhapur market to fall to between Rs 3,460 and Rs 3,580 per quintal within the next two weeks.

Ex-mill Sugar Prices as on  April, 20 2024 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3530 to 3570

₹3610 to 3650

Karnataka

₹3800

Uttar Pradesh

₹3890 to 3920

Gujarat

₹3605 to 3640

₹3705 to 3750

Tamil Nadu

₹3780 to 3880

₹3885

Madhya Pradesh

₹3660 to 3700

₹3700 to 3760

Punjab

₹3980 to 4030

(All the above rates are excluding GST)

Destination-wise Spot Prices as on April, 20 2024 :

City

Grade

Rate

Delhi

M/30

₹4,137.00

Kanpur

M/30

₹4,095.00

Kolhapur

M/30

₹3,853.50

Kolkata

M/30

₹4,168.50

Muzaffarnagar

M/30

₹4,089.75

 

News Round-Up

Uppal Shah and Hemant Shah awarded “Visionary Leaders of Bharat 2024”

Uppal Shah and Hemant Shah awarded “Visionary Leaders of Bharat 2024”

BSF Meghalaya foils one more sugar smuggling attempt

BSF Meghalaya foils one more sugar smuggling attempt

Brazil likely to witness lower sugarcane output in 2024-25 season

Brazil likely to witness lower sugarcane output in 2024-25 season

LEAVE A REPLY

Please enter your comment!
Please enter your name here