Gur prices plunge Rs 300 a quintal on arrival of new stocks

Gur prices crashed by Rs 300 per quintal at the wholesale gur (jaggery) market in the national capital today following pick up in arrivals of new stocks amid scattered buying by stockists.
Muzaffarnagar and Muradnagar gur markets also saw a steep fall up to Rs 450 per quintal on ample stocks following heavy arrivals.
Marketmen attributed sharp fall in gur prices to surplus stocks of new gur in the market on constant supplies from manufacturing belts but scattered buying by stockists capped the losses.
In Delhi, gur Pedi price slumped by Rs 300 to Rs 3,700-3,800,followed by pedi and shakkar by Rs 200 each to Rs 3,600-3,799 and Rs 3,900-4,000 per quintal.

At Muzaffarnagar, prices of gur chakku tumbled by Rs 450 to Rs 3,250-3,550 as compared with last close of Rs 3,700-3,750 per quintal.
Gur khurpa prices also plummeted by Rs 350 to end at Rs 3,050-3,100, while laddoo prices lost Rs 200 to Rs 3,500-3,550 per quintal, respectively.

Coming to Muradnagar, gur pedi prices showed a sharp fall of Rs 350 at Rs 3,100-3,150, while gur dhayya dropped by Rs 250 to Rs 3,250-3,300 per quintal.
Following are today's rates (in Rs per quintal):
Gur chakku Rs 3,700-3,800, pedi Rs 3,600-3,700, dhayya Rs 3,700-3,800 and shakkar Rs 3,900-4,000.
Muzaffarnagar: Rasket Rs 3,000-3,050, chakku Rs 3,250-3,550, khurpa Rs 3,050-3,100 and Ladoo Rs 3,500-3,550.

Muradnagar: Pedi Rs 3,100-3,150 and dhayya Rs 3,250-3,300.