Sugar climbs by Rs 100/a qtl on strong demand

Sugar recorded a significant rise of Rs 100 per quintal in its prices at the wholesale market in the national capital today following increased offtake by stockists and bulk consumers ahead of new month amid tight supplies from mills.
Marketmen said brisk buying by stockists and bulk consumers ahead of new month, triggered by restricted supplies from mills, mainly attributed sharp rise in the sweetener prices.
Sugar ready M-30 and S-30 prices went up by Rs 100 to end at Rs 3,880-3,980 and Rs 3,870-3,970 per quintal.
Mill delivery M-30 and S-30 prices also shot up by a similar margin to finish at Rs 3,480-3,660 and Rs 3,470-3,650 per quintal.

In the millgate section, sugar Kinnoni, Simbholi, Dorala, Khatuli, Dhampur and Sakoti flared up by Rs 100 each to conclude at Rs 3,660, Rs 3,640, Rs 3,610, Rs 3,640, Rs 3,600 and Rs 3,590 per quintal.
Sugar Asmoli, Budhana, Thanabhavan, Dhanora and Modinagar climbed up by Rs 90 each to Rs 3,620, Rs 3,600, Rs 3,590, Rs 3,610 and Rs 3,590, while Mawana, Anupshaher and Chandpur hardened by Rs 80 each to Rs 3,590, Rs 3,490 and Rs 3,580 per quintal.

Meanwhile, at the retail market, sugar prices moving in a range of Rs 38 to Rs 43 per kilo in the national capital.

Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 38.00-43.00 per kg.
Sugar ready: M-30 Rs 3,880-3,980, S-30 Rs 3,870-3,970.
Mill delivery: M-30 Rs 3,480-3,660, S-30 Rs 3,470-3,650.
Sugar millgate (including duty): Mawana Rs 3,590, Kinnoni Rs 3,660, Asmoli Rs 3,620, Dorala Rs 3,610, Budhana Rs 3,600,Thanabhavan Rs 3,590, Dhanora Rs 3,610, Simbholi Rs 3,640, Khatuli Rs 3,640, Dhampur Rs 3,600, Ramala Rs 3,480, Anupshaher Rs 3,490, Baghpat Rs 3,490, Morna Rs 3,490, Sakoti Rs 3,590, Chandpur Rs 3,580, Nazibabad Rs 3,470 and Modi nagar 3,590.