Gur prices decline on ample stocks

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Press Trust of India New Delhi
Last Updated : Jan 13 2014 | 3:26 PM IST
A weak trend in gur prices marked the trading in the wholesale gur (Jaggery) market today due to ample stocks following increased supply.
Muzaffarnagar and Muradnagar gur markets also settled lower owing to heavy supply from manufacturing areas.
Marketmen said apart from plenty of ready stocks, increased supplies from manufacturing areas mainly weighed on gur prices but winter season demand capped the fall.
In delhi, gur Dhayya and Shakkar prices dropped by Rs 100 each to settle at Rs 2,800-2,900 and Rs 3,000-3,100 per quintal, respectively, gur Pedi prices also lost Rs 50 at Rs 2,650-2,750 per quintal.
At Muzaffarnagar, gur Khurpa and Ladoo prices asked lower at Rs 2,300-2,400 and Rs 2,500-2,600 instead of Rs 2,400-2,450 and Rs 2,550-2,650 per quintal.
Gur Chakku also traded lower at Rs 2,300-2,600 from Rs 2,300-2,650 per quintal.
In Muradnagar, there also prices of gur Dhayya remained under supply pressure and lost Rs 100 at Rs 2,400-2,450 per quintal.
The following are today's quotations per quintal:
Gur chakku 2,600-2,700, pedi 2,650-2,750, dhayya 2,800-2,900 and shakkar 3,000-3,100.
Muzaffarnagar: Rasket 2,250-2,300, chakku 2,300-2,600 khurpa 2,300-2,400 and Ladoo 2,550-2,600.
Muradnagar: Pedi 2,400-2,450 and dhayya 2,400-2,450.
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First Published: Jan 13 2014 | 3:26 PM IST

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