Sugar millgate prices down supply pressure

Sugar millgate prices eased by Rs 10 per quintal at the wholesale market in the national capital today due to supply pressure from mills amid low demand.
Marketmen said persistent supplies by mills against low demand, mainly led to fall in some of mills prices.
In the millgate section, Baghpat, Asmoli, Morna and Nazibabad fell by Rs 10 each to Rs 2,540, Rs 2,630, Rs 2,540, Rs 2,530 per quintal.
Prices of Dorala, Khatuli and Ramala also moved down by Rs 10 each to Rs 2,550, Rs 2,610, Rs 2,540 per quintal.
Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 30.00-34.00 per kg.

Sugar ready: M-30 Rs 2,650-2,800 S-30 Rs 2,630-2,790.
Mill delivery: M-30 Rs 2,500-2,640 S-30 Rs 2,490-2,630.
Sugar millgate (including duty): Mawana Rs 2,540, Kinnoni Rs 2,640, Asmoli Rs 2,630, Dorala Rs 2,550, Budhana Rs 2,550, Thanabhavan Rs 2,540, Dhanora Rs 2,525, Simbholi Rs 2,640, Modi Nagar Rs 2,540, Khatuli Rs 2,610, Dhampur 2,530, Ramala Rs 2,540, Bulandshaher Rs 2,500, Anupshaher Rs 2,530, Baghpat Rs 2,540, Morna Rs 2,540, Sakoti Rs 2,530, Chandpur Rs 2,500, Nazibabad Rs 2,530.