ChiniMandi, Mumbai: 30th December 2023
Domestic Market
Domestic sugar costs remained steady
It is reported that sugar prices are stable in the major markets. Prices held steady, but there was a reported decrease in the monthly quota. The Food Ministry has announced a monthly quota of 23 lakh tons, an increase from the previous year’s 22.0 lakh tons in the same month. Nonetheless, the quota was less than the 24 lakh tons of total released the month before.
M-grade sugar costs between Rs 3,790 and Rs 3,840 per quintal in Muzaffarnagar, while S-grade sugar costs between Rs 3,560 and Rs 3,620 per quintal in Kolhapur. Agrimandi.live predicts that during the next 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 on December, 30 2023 :
|
State |
S/30 [Rates per Quintal] |
M/30 [Rates per Quintal] |
|
Maharashtra |
₹3530 to 3570 |
₹3610 to 3650 |
|
Karnataka |
₹3680 to 3700 |
₹3750 |
|
Uttar Pradesh |
|
₹3745 to 3850 |
|
Gujarat |
₹3625 to 3651 |
₹3711 to 3741 |
|
Tamil Nadu |
₹3725 to 3875 |
₹3820 to 3900 |
|
Madhya Pradesh |
₹3725 to 3745 |
₹3775 to 3795 |
|
Punjab |
₹3840 to 3901 |
|
|
(All the above rates are excluding GST) |
||
Destination-wise Spot Prices as on December, 30 2023 :
|
City |
Grade |
Rate |
|
Delhi |
M/30 |
₹4,032.00 |
|
Kanpur |
M/30 |
₹3,990.00 |
|
Kolhapur |
M/30 |
₹3,864.00 |
|
Kolkata |
M/30 |
₹4,053.00 |
|
Muzaffarnagar |
M/30 |
₹3,990.00 |
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