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News
Sugar prices at wholesale market fall by Rs.55 per quintal in New Delhi
Date:
23 Nov 2016
Source:
The Business Standard
Reporter:
PTI
News ID:
6174
Pdf:
Nlink:
Sugar prices declined by Rs 55 per quintal at the wholesale market in the national capital on Wednesday following persistent supplies from mills amid slackened demand from bulk consumers.
Marketmen said besides ample stocks on regular supplies from mills following the beginning of a crushing session, reduced offtake by bulk consumers pulled down sweetener prices.
Sugar mill delivery M-30 and S-30 prices dropped to end at Rs 3,480-3,670 and Rs 3,470-3,660 per quintal.
Ready M-30 and S-30 price also settled lower at Rs 3,900-4,100 and Rs 3,890-4,090 per quintal, respectively.
In the mill gate section, sugar khatuli slipped by Rs 55 to Rs 3,625, followed by budhana by Rs 45 at Rs 3,575 per quintal.
Sugar Kinnoni and anupshaher surrendered Rs 40 each to Rs 3,670 and Rs 3,480, while Mawana, ramala, baghpat and nazibabad also lost Rs 30 each to Rs 3,580, Rs 3,480, Rs 3,490 and Rs 3,480 per quintal, respectively.
Following are Wednesday's quotations (in Rs per quintal)
Sugar retail markets - Rs 39.00-43.00 per kg.
Sugar ready: M-30 Rs 4,000-4,300, S-30 Rs 3,990-4,290.
Mill delivery: M-30 Rs 3,480-3,670, S-30 Rs 3,470-3,670.
Sugar millgate (including duty): Mawana Rs 3,580, Kinnoni Rs 3,670, Asmoli Rs 3,630, Dorala Rs 3,575, Budhana Rs 3,575,Thanabhavan Rs 3,575, Dhanora Rs 3,540, Simbholi Rs 3,665, Khatuli Rs 3,625, Dhampur Rs 3,510, Ramala Rs 3,480, Anupshaher Rs 3,480, Baghpat Rs 3,490, Morna Rs 3,490, Sakoti Rs 3,520, Chandpur Rs 3,510, Nazibabad Rs 3,480, Modi nagar 3,575 and Malakpur Rs N.T.
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