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Sugar up on rising seasonal demand

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Press Trust of India New Delhi

Sugar prices rose by Rs 50 per quintal on the wholesale sugar market today on pick up in demand in view of the marriage season.

Marketmen said fresh buying by retailers and bulk consumers for the ongoing marriage season mainly pushed up wholesale sugar prices.

Sugar mill delivery medium and second grade prices rose by Rs 50 each to Rs 2825-2975 and Rs 2805-2965 per quintal.

However, sugar ready medium and second held steady at Rs 3000-3150 and Rs 2975-3125 per quintal.

Following are today's rates in Rs per quintal:

Sugar ready M-30 3,000-3,150 and S-30 2,975-3,125,Mill delivery M-30 2,825-2,975 and S-30 2,805-2,965
Sugar mill gate prices (excluding duty): Kinonni 2,910, Asmoli 2,900, Mawana 2,860, Titabi 2,850, Thanabhavan 2,810, Budhana 2800, and Dorala 2,870

 

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First Published: Nov 20 2010 | 2:02 PM IST

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