Sugar prices rose by Rs 50 per quintal in the wholesale sugar market today on emergence of buying by stockists to meet the festival demand.
Marketmen said fresh buying by stockists to meet the festival demand mainly pushed up wholesale sugar prices.
Sugar ready medium and second grade prices rose by Rs 50 each to Rs 2,750-2,900 and Rs 2,740-2,890 per quintal.
Similarly, the mill delivery medium and second grade traded higher by the same margin at Rs 2,630-2,750 and Rs 2,620-2,740 per quintal.
Following are today's rates in Rs per quintal
Sugar ready M-30 2,750-2,900 and S-30 2,740-2,890
Mill delivery M-30 2,630-2,750 and S-30 2,620-2740
Sugar mill gate prices (excluding duty):
Kinonni 2,700, Asmoli 2,690, Mawana 2,630, Titabi 2,640, Thanabhavan 2,620, Budhana 2,620 and Dorala 2,625
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