Sugar mill prices remain low on ample supply

Prices of select sugar millgate fell further by up to Rs 10 per quintal at the wholesale market in the national capital today following increased supplies from mills amid restricted offtake.
Marketmen said, besides limited buying by stockists and bulk consumers, constant arrivals from mills kept prices of some mills lower.
In the millgate section, Khatuli and Dhampur declined by Rs 10 each to Rs 3,675 and Rs 3,660 per quintal.
Prices of Mawana, Dorala and Budhana also moved down by Rs 5 each to settle at Rs 3,650 each per quintal.
Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 39.00-43.00 per kg.

Sugar ready: M-30 Rs 3,980-4,050, S-30 Rs 3,970-4,040.
Mill delivery: M-30 Rs 3,550-3,690, S-30 Rs 3,540-3,680.
Sugar millgate (including duty): Mawana Rs 3,650, Kinnoni Rs 3,690, Asmoli Rs 3,660, Dorala Rs 3,650, Budhana Rs 3,650, Thanabhavan Rs 3,645, Dhanora Rs 3,650, Simbholi Rs 3,660, Khatuli Rs 3,675, Dhampur Rs 3,630, Ramala Rs 3,560, Anupshaher Rs 3,550, Baghpat Rs 3,560, Morna Rs 3,555, Sakoti Rs 3,630, Chandpur Rs 3,630, Nazibabad Rs 3,560 and Modinagar 3,640.