Gur prices rise on brisk demand, thin supply

Gur prices advanced by Rs 100 per quintal at the wholesale gur (jaggery) market in the national capital Tuesday on paucity of stocks against thin supplies.

Moreover, rising sugar prices also influenced the trend, they added.

Muzaffarnagar and Muradnagar gur markets also exhibited a similar trend, with prices spurting by Rs 150 per quintal on tight stocks position.

Marketmen said, speculative buying triggered by low stocks position, lifted gur prices higher.

In Delhi, gur Chakku, Pedi, Dhayya and Shakkar prices rose by Rs 100 each to conclude at Rs 3,400-3,500, Rs 3,700-3,800, Rs 3,800-3,900 and Rs 3,900-4,000 per quintal, respectively.

At Muzaffarnagar, gur Chakku shot up by Rs 150 to finish the day at Rs 3,000-3,150 per quintal.

In Muradnagar, gur Pedi prices enquired higher by Rs 100 to windup at Rs 3,350-3,400 per quintal.

Following are today's rates (in Rs per quintal):