Daily Sugar Market Update By Vizzie – 21/12/2024

ChiniMandi, Mumbai: 21st Dec 2024

Domestic Market

Domestic prices continue to trade higher

Following a sharp drop, domestic sugar prices across the major markets were reported to be higher by Rs 10 per quintal for the third session. As per the sources, good demand ahead of Christmas and New Year is supporting the prices.

S-grade sugar in Kolhapur costs Rs 3,330-3,380 per quintal, whereas M-grade sugar in Muzaffarnagar costs Rs 3,710-3,740. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,260 and Rs 3,380 per quintal in the near future.

Ex-mill Sugar Prices as on┬а Dec, 21 2024 :┬а

State

S/30┬а

[Rates per Quintal]┬а

M/30

[Rates per Quintal]┬а

Maharashtra

тВ╣3360 to 3400

тВ╣3440 to 3470

South Karnataka

тВ╣3420 to 3500

тВ╣3500 to 3550

Uttar Pradesh

тВ╣3710 to 3750

Gujarat

тВ╣3421 to 3471

тВ╣3491 to 3521

Tamil Nadu

тВ╣3650

тВ╣3725

Madhya Pradesh

тВ╣3730 to 3750

тВ╣3780 to 3850

Punjab

тВ╣3720 to 3871

(All the above rates are excluding GST)

Destination-wise Spot Prices as on┬а Dec, 21 2024 :┬а

City┬а

Grade┬а

Rate┬а

Delhi

M/30

тВ╣3,948.00

Kanpur

M/30

тВ╣3,911.25

Kolhapur

M/30

тВ╣3,622.50

Kolkata

M/30

тВ╣3,958.50

Muzaffarnagar

M/30

тВ╣3,906.00

Ahmedabad

M/30

тВ╣3,769.50

Bangaluru

M/30

тВ╣3,822.00

Chennai

M/30

тВ╣3,937.50

 

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