ChiniMandi, Mumbai: 29th March 2024
Domestic Market
Domestic sugar prices remained stable.
Domestic sugar prices in major markets are expected to remain stable for the second session, thanks to strong demand despite the increased monthly sales quota. In comparison to the previous month’s quota of 23.5 lakh tons, the Food Ministry has set aside 25 lakh tons for April 2024.
In Muzaffarnagar, M-grade sugar costs between Rs 3,760 and Rs 3,790 per quintal, whereas S-grade sugar is expected to cost between Rs 3,400 and Rs 3,440. Agrimandi predicts that the price of S grade sugar in the Kolhapur market will fall to between Rs 3,380 and Rs 3,460 per quintal within the next two weeks. Sugar grades in Solapur range between Rs 3360 and Rs 3,400 per quintal.
Ex-mill Sugar Prices as on March, 29 2024 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3400 to 3450 |
₹3480 to 3530 |
|
Karnataka |
₹3600 |
₹3650 |
|
Uttar Pradesh |
|
₹3760 to 3790 |
|
Gujarat |
₹3471 to 3501 |
₹3521 to 3561 |
|
Tamil Nadu |
₹3610 to 3650 |
₹3660 to 3725 |
|
Madhya Pradesh |
₹3600 to 3610 |
₹3650 to 3660 |
|
Punjab |
₹3825 to 3860 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on March, 29 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 Roundup
Panipat: Sugarcane farmers demand to continue sugar mill’s operations till April
