Daily Sugar Market Update By Vizzie – 25/03/2024

ChiniMandi, Mumbai: 25th March 2024

Domestic Market

Domestic sugar prices were stable

Domestic sugar prices were reported to be stable on a thin trading session. Trading activity was reported to be dull due to Holi.

M-grade sugar in Muzaffarnagar ranges between Rs 3,760 and Rs 3,790 per quintal, whereas S-grade sugar in Kolhapur is expected to cost between Rs 3,410 and Rs 3,440. Agrimandi predicts that the price of S grade sugar in the Kolhapur market will fall to between Rs 3,400 and Rs 3,480 per quintal within the next two weeks. Sugar prices in Solapur range from Rs 3,360 to Rs 3,400 per quintal.

Ex-mill Sugar Prices as on March, 25 2024 :

State

S/30

[Rates per Quintal]

M/30

[Rates per Quintal]

Maharashtra

₹3420 to 3470

₹3500 to 3550

Karnataka

₹3600

₹3650

Uttar Pradesh

₹3760 to 3790

Gujarat

Holiday

Holiday

Tamil Nadu

₹3575 to 3625

₹3650 to 3725

Madhya Pradesh

₹3700 to 3720

₹3750 to 3770

Punjab

₹3825 to 3880

(All the above rates are excluding GST)

Destination-wise Spot Prices as on March, 25 2024 :

City

Grade

Rate

Delhi

M/30

₹4,000.50

Kanpur

M/30

₹3,953.25

Kolhapur

M/30

₹3,717.00

Kolkata

M/30

₹3,979.50

Muzaffarnagar

M/30

₹3,948.00

News Round-Up

Haryana: Sonipat sugar mill performs well in sugar recovery rate

Haryana: Sonipat sugar mill performs well in sugar recovery rate

Bangladesh mulls UAE sugar offer to meet Ramadan demand

Bangladesh mulls UAE sugar offer to meet Ramadan demand

Pakistan farmers demands agricultural emergency in country

Pakistan farmers demands agricultural emergency in country

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