ChiniMandi, Mumbai: 28th Dec 2024
Domestic Market
Domestic prices continue to trade higher
After a sharp drop, sugar prices in major markets rebounded for the third session, rising by another Rs 20-30 per quintal due to lower quota allocation. The Food Ministry has allocated a monthly quota of 22.5 lakh tons, which is 0.5 lakh tons less than the same month last year but higher by the same amount as the previous month. However, as
S-grade sugar in Kolhapur costs Rs 3,370-3,400 per quintal, whereas M-grade sugar in Muzaffarnagar costs Rs 3,780-3,840. Agrimandi.live predicts that the price of Kolhapur S-grade sugar will fall between Rs 3,260 and Rs 3,400 per quintal in the near future.
Ex-mill Sugar Prices as on Dec, 28 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3370 to 3410 |
₹3450 to 3480 |
|
South Karnataka |
₹3550 to 3625 |
₹3675 |
|
Uttar Pradesh |
|
₹3790 to 3840 |
|
Gujarat |
Old: ₹3405 to 3501 New: ₹3501 to 3541 |
Old: ₹3490 to 3581 New: ₹3601 to 3641 |
|
Tamil Nadu |
₹3675 to 3800 |
₹3735 to 3825 |
|
Madhya Pradesh |
₹3560 to 3590 |
₹3630 to 3680 |
|
Punjab |
₹3850 to 3900 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on Dec, 28 2024 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,032.00 |
|
Kanpur |
M/30 |
₹4,000.50 |
|
Kolhapur |
M/30 |
₹3,664.50 |
|
Kolkata |
M/30 |
₹4,042.50 |
|
Muzaffarnagar |
M/30 |
₹3,995.25 |
|
Ahmedabad |
M/30 |
₹3,822.00 |
|
Bangaluru |
M/30 |
₹3,874.50 |
|
Chennai |
M/30 |
₹4,000.50 |
News Round-Up
Ireland: Department of Health seeks 27% tax hike on sugary drinks
Ireland: Department of Health seeks 27% tax hike on sugary drinks
Coimbatore-based start-up looks at guava seeds for biodiesel, biomass production
Coimbatore-based start-up looks at guava seeds for biodiesel, biomass production
Scientists develop powdered form of sugarcane juice
