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Sugar millgate prices down on ample supply

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Press Trust of India New Delhi
Sugar millgate prices eased up to Rs 10 per quintal in the national capital today following adequate stocks amid persistent supplies from mills against scattered buying by stockists and bulk consumers.

In millgate section, sugar Chandpur and Khatuli shed Rs 10 each at Rs 2,980 and Rs 3,130 per quintal, respectively.

Prices of Asmoli, Dhanora and Bulandshar faded by Rs 5 each at Rs 3,130, Rs 3,020 and Rs 3,010 per quintal, respectively.

Marketmen said apart from resiting stocks position on higher supplies from mills, subdued demand from bulk consumers mainly put pressure on sweetner prices.

Following are today's quotations (in Rs per quintal)
 

Sugar retail markets - Rs 32.00-35.00 per kg.

Sugar ready: M-30 Rs 3,130-3,310 S-30 Rs 3,120-3,300.

Mill delivery: M-30 Rs 2,910-3,160 S-30 Rs 2,900-3,150.

Sugar mill gate (including duty): Mawana Rs 3,080, Kinnoni Rs 3,160 Asmoli Rs 3,130 Dorala Rs 3,060 Budhana Rs 3,040 Thanabhavan Rs 3,030 Dhanora Rs 3,020 Simbholi Rs 3,140 Modi Nagar Rs 3,020 Khatuli Rs 3,130 Dhampur (gila) Rs 2,930 Ramala Rs 2,940 Bulandshahr Rs 3,010 Anupshahr Rs 2,910 Baghpat Rs 2,950 Morna Rs 2,950 Sakoti Rs 3,020 Chandpur Rs 2,980 and Nazibabad Rs 2,940.

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First Published: Oct 10 2014 | 3:25 PM IST

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