 "Sugar prices rise by Rs 50 per quintal on festive season demand")
Sugar prices rose by Rs 50 per quintal on buying by retailers as well as bulk consumers, driven by ongoing festive season.
Fresh buying by retailers as well as bulk consumers, driven by ongoing festive season amid higher enquiries from millers supported the prices, traders said.
In the national capital, sugar ready M-30 and S-30 edged higher at Rs 4,000-4,150 and Rs 3,990-4,140 from previous levels of Rs 3,950-4,100 and Rs 3,940-4,090 per quintal respectively.
Mill delivery M-30 and S-30 followed suit and traded higher at Rs 3,645-3,870 and Rs 3,635-3,860 from last levels of Rs 3,615-3,825 and Rs 3,605-3,805 per quintal respectively.
In the millgate section, prices edged up on higher millers enquiries. Kinnoni, Asmoli,Dorala and Budhana were too finished higher at Rs 3,870, Rs 3,830, Rs 3,815 and Rs 3,795 from previous levels of Rs 3,825, Rs 3,810, Rs 3,770 and Rs 3,760 per quintal respectively.
Thanabhavan, Khatauli, Dhampur and Ramala also quoted higher at Rs 3,790, Rs 3,835, Rs 3,740 and Rs 3,640 instead of Rs 3,750, Rs 3,805, Rs 3,700 and Rs 3,620 per quintal respectively.
Anupshar, Bhaghpat, Morna, Sakoti, Chandpur, Nazibabad and Nannota too finished higher at Rs 3,615, Rs 3,675, Rs 3,670, Rs 3,760, Rs 3,710, Rs 3,660 and Rs 3,655 against last close of Rs 3,615, Rs 3,645, Rs 3,640, Rs 3,730, Rs 3,665, Rs 3,620 and Rs 3,620 per quintal respectively.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 39.00-43.00 per kg.
Sugar ready: M-30 Rs 4,000-4,150, S-30 Rs 3,990-4,140.
Mill delivery: M-30 Rs 3,645-3,870, S-30 Rs 3,635-3,860.
Sugar millgate (including duty): Mawana Rs N.Q., Kinnoni Rs 3,870, Asmoli Rs 3,830, Dorala Rs 3,815, Budhana Rs 3,795, Thanabhavan Rs 3,790, Dhanora Rs N.Q., Simbholi Rs N.Q, Khatuli Rs 3,835, Dhampur Rs 3,740, Ramala Rs 3,640, Anupshaher Rs 3,640, Baghpat Rs 3,675, Morna Rs 3,670, Sakoti Rs 3,760, Chandpur Rs 3,710, Nazibabad Rs 3,660, Modinagar N.Q., Shamli N.Q., and Nanota 3,655.
