Lockdown Update: Sugar millers in Gujarat hike sugar prices by ₹200 to ₹250/quintal

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According to the reports, sugar millers in Gujarat have been hiking sugar prices since last Friday and today the sugar prices have touched a hike of ₹200 to ₹250 amid the ongoing nationwide lockdown.

The mill wise rates for Gujarat are:
Bardoli – M/30 (Old) ₹3571, M/30 (New) ₹3571,
Chathan – S/30 (New) ₹3560
Kamrej – M/30 (New) ₹3644, S/30 (New) ₹3560
Sayan – M/30 (New) ₹3634, S/30 (New) ₹3550
(Rates are including GST)

It is observed that many bulk buyers fear that the hike would create a panic situation and affect the sale of sugar stocks.

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