Gur settles lower on muted demand

Weak conditions prevailed at the wholesale gur (jaggery) market in the national capital today on easing demand against adequate stocks position.

Muzaffarnagar gur market also showed a similar trend.

Marketmen said besides easing demand from retailers and stocks, adequate stocks position on increased arrivals from producing belts kept pressure on gur prices.

In Delhi, gur pedi and dhayya drifted down by Rs 100 each to Rs 2,500-2,600 and Rs 2,700-2,800 per quintal respectively.

At Muzaffarnagar, gur khurpa and laddo also eased to Rs 2,075-2,150 and Rs 2,250-2,350 against last close of Rs 2,100-2,200 and Rs 2,300-2,400 per quintal respectively.

In Muradnagar, gur pedi and dhayya too finished lower at Rs 2,125-2,200 and Rs 2,175-2,250 against last close of Rs 2,200-2,300 and Rs 2,250-2,350 per quintal respectively.

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