Gur prices tumbled Rs 100 per quintal at the wholesale market in the national capital today following rising inventories on persistent arrivals from manufacturing belts amid slackened demand.
Muzaffarnagar and Muradnagar gur markets prices also declined by Rs 75 per quintal on supply pressure.
Marketmen attributed falling gur prices to increased arrivals from manufacturing areas along with selective buying by stockists and bulk consumers.
In Delhi, gur chakku and pedi prices dropped by Rs 100 each to settle at Rs 2,700-2,800 each per quintal.
At Muzaffarnagar, gur Chakku, Khurpa and Laddoo prices weakened by up to Rs 75 each to conclude at Rs 2,375-2,500, Rs 2,300-2,350 and Rs 2,400-2,450 instead of Rs 2,450-2,550, Rs 2,350-2,400 and Rs 2,450-2,500 per quintal respectively.
In Muradnagar, gur Pedi and Dhayya prices asked lower at Rs 2,385-2,425 and Rs 2,450-2,500 from Rs 2,400-2,500 and Rs 2,500-2,550 per quintal respectively.
Following are today's rates (in Rs per quintal):
Gur chakku Rs 2,800-2,900, pedi Rs 2,800-2,900, dhayya Rs 2,900-3,000 and shakkar Rs 3,000-3,100.
Muzaffarnagar: Rasket Rs 2,350-2,400, chakku Rs 2,450-2,550, khurpa Rs 2,350-2,400 and Ladoo Rs 2,450-2,500.
Muradnagar: Pedi Rs 2,400-2,500 and dhayya Rs 2,500-2,550.
