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Gur up on strong demand, restricted supply

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Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 8:04 PM IST

Gur (jaggery) prices firmed up by Rs 100 per quintal in the national capital today following restricted supplies amid pick-up in demand.

Muzaffarnagar and Muradnagar gur prices also settled higher on the back of firm demand and paucity of stocks.

Market analysts said fall in production along with increased offtake mainly pushed up gur prices.

Diversion of sugar-cane towards sugar mills by farmers due to higher prices also helped to boosted the trading sentiment.

In Delhi, gur pedi and dhayya prices moved up by Rs 100 each, both settling at Rs 2,450-2,500 per quintal.

Chakku moved up by Rs 50 to Rs 2,350-2,400 from Rs 2,300-2,350 per quintal.

At Muzaffarnagar, gur raskat rose from Rs 1,850-1,950 to Rs 1,875-2,000 per quintal on strong demand from beer making industries.

In Muradnagar, gur pedi and dhayya traded higher from Rs 2,100-2,150 to Rs 2,150-2,225 each, revealing net gains upto Rs 75 per quintal.

Following were today's quotations per quintal:

Chakku Rs 2,350-2,400, pedi Rs 2,450-2,500, Dhayya Rs 2,450-2,500, and Shakkar Rs 2,550-2,600.

Muzaffarnagar: Raskat Rs 1,875-2,000, chakku Rs 2,050-2,250 and Khurpa Rs 2,000-2,050.

Muradnagar: Pedi Rs 2,150-2,225 and Dhaya Rs 2,150-2,225.

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First Published: Mar 17 2011 | 3:29 PM IST

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