Sugar prices rise on brisk demand, thin supply
Sugar prices firmed up by Rs 50 per quintal at the wholesale market in the national capital today following strong demand amid restricted arrivals.
Marketmen said besides tight supplies, heavy buying by stockists and bulk consumers mainly pushed up sugar prices.
Mill delivery M-30 and S-30 prices also rose Rs 20 each to Rs 3,215-3,435 and Rs 3,205-3,425 per quintal.
In the millgate section, sugar Chandpur rose Rs 40 to Rs 3,300, Khatuli spurted Rs 35 to Rs 3,420, Dorala and Simbholi gained Rs 30 each to Rs 3,350 and Rs 3,400 per quintal.
Following are today’s quotations (in Rs per quintal)
Sugar retail markets – Rs 35.00-38.00 per kg.
Sugar ready: M-30 Rs 3,480-3,690, S-30 Rs 3,470-3,680.
Mill delivery: M-30 Rs 3,215-3,435, S-30 Rs 3,205-3,425.
Sugar millgate (including duty): Mawana Rs 3,345, Kinnoni Rs 3,435, Asmoli Rs 3,390, Dorala Rs 3,350, Budhana Rs 3,345, Thanabhavan Rs 3,340, Dhanora Rs 3,380, Simbholi Rs 3,400, Khatuli Rs 3,420, Dhampur Rs 3,310, Ramala Rs 3,225, Anupshaher Rs 3,225, Baghpat Rs 3,255, Morna Rs 3,240, Sakoti Rs 3,320, Chandpur Rs 3,300, Nazibabad Rs 3,215, Modinagar 3,335, Shamli 3,325, and Nanota 3,225.