Gur (Jaggery) prices tumbled Rs 100 per quintal at the wholesale market in the national capital today following bumper stocks position on constant arrivals from manufacturing belts amid scanty buying by stockists and retailers.
A similar trend also emerged at Muzaffarnagar and Muradnagar markets with prices plunging by Rs 150 per quintal on increased arrivals amid selective buying.
Market players said mounting stocks following persistent arrivals of new stocks from manufacturing areas amid slackened demand, mainly attributed fall in gur prices.
In Delhi, gur Chakku and shakkar prices dropped by Rs 100 each to end at Rs 2,900-3,000 and Rs 3,400-3,500 per quintal.
At Muzaffarnagar, gur chakku and khurpa prices slipped by Rs 150 each to settle at Rs 2,600-2,850 and Rs 2,550-2,650 per quintal, respectively.
Gur raskat prices were down by Rs 150 to Rs 2,600-2,650 per quintal on regular supplies amid scattered demand from beer makers.
Following are today's rates (in Rs per quintal):
Gur chakku Rs 2,900-3,000, pedi Rs 3,200-3,300, dhayya Rs 3,400-3,500 and shakkar Rs 3,400-3,500.
Muzaffarnagar: Rasket Rs 2,600-2,650, chakku Rs 2,600-2,850, khurpa Rs 2,550-2,650 and Ladoo Rs 2,850-3,000.
Muradnagar: Pedi Rs 2,800-2,850 and dhayya Rs 2,900-2,950.
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