ChiniMandi, Mumbai: 23rd December 2023
Domestic Market
Domestic sugar prices reported to be stable
According to reports, sugar prices in the major markets are stable. As the crushing season continues, prices are expected to fall; buyers prefer hand to mouth. There is less demand at tender prices, but there is strong resale demand, according to reports.
In Muzaffarnagar, M-grade sugar costs approximately Rs 3,800 to Rs 3,840 per quintal, while in Kolhapur, S-grade sugar costs approximately Rs 3,560 to Rs 3,620 per quintal. Agrimandi.live predicts that in the upcoming two weeks, S grade sugar will trade in Kolhapur markets for between Rs 3,500 and Rs 3,650 per quintal.
Ex-mill Sugar Prices as onย December, 23 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
โน3610 to 3650 |
โน3690 to 3730 |
|
Karnataka |
โน3675 |
โน3725 |
|
Uttar Pradesh |
|
โน3680 to 3795 |
|
Gujarat |
โน3625 to 3651 |
โน3711 to 3741 |
|
Tamil Nadu |
โน3750 to 3875 |
โน3820 to 3900 |
|
Madhya Pradesh |
โน3745 to 3765 |
โน3795 to 3815 |
|
Punjab |
โน3850 to 3921 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on December, 23 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
โน4,042.50 |
|
Kanpur |
M/30 |
โน4,000.50 |
|
Kolhapur |
M/30 |
โน3,874.50 |
|
Kolkata |
M/30 |
โน4,063.50 |
|
Muzaffarnagar |
M/30 |
โน4,000.50 |
Daily Sugar Market Update By Vizzie โ 22/12/2023
