ChiniMandi, Mumbai: 22nd July 2023
Domestic Market
Sugar prices reported weakness, on subdued demand
Domestic sugar prices were reported to be weak in major markets after remaining stable for four sessions. Demand is reportedly low due to heavy rainfall in Maharashtra and a truck shortage in Uttar Pradesh. Rainfall has been reported to have dampened trading activity in Maharashtra. In Kolhapur, S-grade cost between Rs 3,470 and Rs 3,510, while M-grade in Uttar Pradesh is reported in the range of Rs 3,620 and Rs 3,660.
According to AgriMandi.live, the price of S grade is expected to trade between Rs 3,440 and Rs 3,550 per quintal in the Kolhapur markets in the near future.
Ex-mill Sugar Prices as on July, 22 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
โน3460 to 3500 |
โน3560 to 3600 |
|
Karnataka |
โน3525 to 3600 |
– |
|
Uttar Pradesh |
|
โน3600 to 3710 |
|
Gujarat |
โน3531 to 3551 |
โน3631 to 3651 |
|
Tamil Nadu |
โน3575 to 3700 |
โน3680 to 3750 |
|
Madhya Pradesh |
โน3660 |
โน3730 |
|
Punjab |
โน3745 to 3791 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on July, 22 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
โน3,895.50 |
|
Kanpur |
M/30 |
โน3,832.50 |
|
Kolhapur |
M/30 |
โน3,780.00 |
|
Kolkata |
M/30 |
โน3,979.50 |
|
Muzaffarnagar |
M/30 |
โน3,832.50 |
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