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Sugar prices jumps on seasonal demand

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Press Trust of India New Delhi
Sugar prices spurted by Rs 90 per quintal at the wholesale market in the national capital today on the back of increased buying by stockists and bulk consumers to meet ongoing summer season demand.

Marketmen atttributed a sharp rise in sweetener prices to strong demand from stockists as well as bulk consumers such as soft-drink and ice-cream makers.

Sugar ready M-30 and S-30 prices went up by Rs 90 each to end at Rs 3,640-3,720 and Rs 3,630-3,710 per quintal.

In the millgate section, Mawama, Dorala, Simbholi, Dhampur,Khatuli, Anupshaher, Sakoti and Nazibabad moved up by Rs 10 each to settle at Rs 3,410, Rs 3,400, Rs 3,410, Rs 3,380, Rs 3,410,Rs 3,420, Rs 3,380 and Rs 3,420 per quintal respectively.
 

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

Sugar retail markets - Rs 33.00-39.00 per kg.

Sugar ready: M-30 Rs 3,640-3,720, S-30 Rs 3,630-3,710.

Mill delivery: M-30 Rs 3,370-3,430, S-30 Rs 3,360-3,420.

Sugar millgate (including duty): Mawana Rs 3,410, Kinnoni Rs 3,430, Asmoli Rs 3,410, Dorala Rs 3,400, Budhana Rs 3,380, Thanabhavan Rs 3,370, Dhanora Rs 3,380, Simbholi Rs 3,410, Khatuli Rs 3,410, Dhampur Rs 3,380, Ramala Rs 3,420, Anupshaher Rs 3,420, Baghpat Rs 3,430, Morna Rs 3,430, Sakoti Rs 3,380, Chandpur Rs 3,370, Nazibabad Rs 3,420 and Malakpur Rs 3,370.

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First Published: May 09 2016 | 3:28 PM IST

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