Sugar millgate prices up on tight supply, heavy buying

Sugar millgate prices edged higher by up to Rs 30 per quintal at the wholesale market in the national capital today largely supported by increased buying by stockists and bulk consumers.
Marketmen said besides restricted supplies from mills, increased buying by stockists and bulk consumers such as soft-drink and ice-cream makers, mainly boosted sweetener prices.
In the millgate section, sugar Simbholi rose by Rs 30 to Rs 3,620, Khatuli by Rs 20 to Rs 3,610 and Mawana and Asmoli by Rs 10 each to Rs 3,600 and Rs 3,590 per quintal.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 39.00-44.00 per kg.

Sugar ready: M-30 Rs 3,840-3,900, S-30 Rs 3,830-3,890.
Mill delivery: M-30 Rs 3,540-3,620, S-30 Rs 3,530-3,610.
Sugar millgate (including duty): Mawana Rs 3,600, Kinnoni Rs 3,620, Asmoli Rs 3,590, Dorala Rs 3,590, Budhana Rs 3,585, Thanabhavan Rs 3,575, Dhanora Rs 3,570, Simbholi Rs 3,620, Khatuli Rs 3,610, Dhampur Rs 3,550, Ramala Rs 3,550, Anupshaher Rs 3,540, Baghpat Rs 3,570, Morna Rs 3,570, Sakoti Rs 3,550, Chandpur Rs 3,550, Nazibabad Rs 3,560 and Malakpur Rs N.T.