Gur prices spurt on tight supply, strong demand

Gur (jaggery) prices soared by Rs 200 per quintal at the wholesale market in the national capital today following paucity of stocks on tight supplies amid strong demand from stockists and retailers.
Muzaffarnagar and Muradnagar gur markets also exhibited a firm trend with prices rising by up to Rs 250 per quintal on strong demand.
Marketmen said scarcity of stocks following negligible arrivals from manufacturing belts, triggered by aggressive buying by stockists and retailers, mainly led to the rise in gur prices.
They said rising sugar prices too influenced gur prices.
In Delhi, gur Chakku and Pedi prices shot up by Rs 200 each to conclude at Rs 3,000-3,100 and Rs 3,100-3,200 per quintal.

Gur Dhayya and Shakkar prices also climbed Rs 200 each to finish at Rs 3,100-3,200 and Rs 3,200-3,300 per quintal.

In Muzaffarnagar, gur Laddoo prices rallied from Rs 2,500-2,600 to settle at Rs 2,750-2,800, thus showing a sharp gain of Rs 250 per quintal.
Gur Chakku and Khurpa moved higher from Rs 2,450-2,600 and Rs 2,500-2,550 to finish at Rs 2,625-2,700 and Rs 2,550-2,600 per quintal.
Gur Raskat prices also hardened by Rs 100 to close at Rs 2,500-2,550 per quintal on brisk demand from beer makers.
At Muradnagar, prices of gur Pedi and Dhayya quoted higher from Rs 2,550-2,600 and Rs 2,600-2,650 to conclude at Rs 2,750-2,825 and Rs 2,800-2,825 per quintal.

Following are today's rates (in Rs per quintal):
Gur chakku Rs 3,000-3,100, pedi Rs 3,100-3,200, dhayya Rs 3,100-3,200 and shakkar Rs 3,200-3,300.
Muzaffarnagar: Rasket Rs 2,500-2,550, chakku Rs 2,625-2,700, khurpa Rs 2,550-2,600 and Ladoo Rs 2,750-2,800.
Muradnagar: Pedi Rs 2,750-2,825 and dhayya Rs 2,800-2,825.