Gur ends lower on reduced offtake, higher supply

Gur prices drifted up to Rs 150 per quintal at the wholesale market in the national capital today due to reduced offtake by local parties and stockists against adequate supplies from producing areas.
Traders said adequate stocks position on increased supplies from producing belts amid reduced offtake by local parties and stockists mainly led to the decline in gur prices.
Persistent fall in sugar prices also dampened sentiment to some extent, they said.
At Delhi, gur pedi and shakkar fell by Rs 50 and Rs 100 to Rs 2,400-2,450 and Rs 2,700-2,800 per quintal, respectively.
At Muzaffarnagar, gur raskat and chakku also fell to Rs 2,000-2,100 and Rs 2,075-2,250 from previous levels of Rs 2,100-2,200 and Rs 2,125-2,300 per quintal, respectively.

Khurpa and laddo slipped to Rs 1,950-2,000 and Rs 2,050-2,100 compared with previous levels of Rs 2,000-2,100 and Rs 2,100-2,200 per quintal.

In line with overall weak trend, gur dhayya prices in Muradnagar, too traded lower by Rs 50 to Rs 2,100-2,150 per quintal.
Following are today's rates (in Rs per quintal):
Gur chakku 2,350-2,450, pedi 2,400-2,450, dhayya 2,600-2,700 and shakkar 2,700-2,800.
Muzaffarnagar: Rasket 2,000-2,100, chakku 2,075-2,250, khurpa 1,950-2,000 and Ladoo 2,050-2,100.
Muradnagar: Pedi 2,050-2,100 and dhayya 2,100-2,150.