The wholesale gur (jaggery) market witnessed a sharp rise of Rs 100 per quintal in its prices in the national capital today following speculative buying by stockists amid pick up in demand from retailers amidst tight supplies from manufacturing belts.
Muzaffarnagar and Muradnagar gur markets also showed a similar trend and prices rose by Rs 100 per quintal.
Marketmen said increased buying by stockists and retailers along with negligible arrivals from manufacturing belts mainly pushed up gur prices.
A rally in sugar prices, which soared to three-year highs, too supported the upside in gur prices, they added.
In Delhi, gur pedi and shakkar climbed up by Rs 100 each to settle at Rs 4,100-4,200 and Rs 4,300-4,400 per quintal.
At Muzaffarnagar, gur chakku advanced from Rs 3,45-3,500 to finish at Rs 3,500-3,600, showing a gains up to Rs 100 per quintal.
Coming to Muradnagar, prices of gur pedi improved by Rs 100 to end at Rs 3,800-3,900 per quintal.
Following are today's rates (in Rs per quintal):
Gur chakku Rs 3,900-4,000, pedi Rs 4,100-4,200, dhayya Rs 4,100-4,200 and shakkar Rs 4,300-4,400.
Muzaffarnagar: Rasket Rs 3,400-3,450, chakku Rs 3,500-3,600, khurpa Rs 2,925-2,950 and Ladoo Rs 3,000-3,050.
Muradnagar: Pedi Rs 3,800-3,900 and dhayya Rs 3,150-3,175.
Disclaimer: No Business Standard Journalist was involved in creation of this content
