Sugar climbs by Rs 80/quintal on paucity of stocks

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Press Trust of India New Delhi
Last Updated : Jul 27 2016 | 4:22 PM IST
Sugar prices spurted by up to Rs 80 a quintal at the wholesale market in the national capital today mainly supported by paucity of stocks following tight supplies from mills amid increased demand from bulk consumers.
Marketmen attributed rise in sweetener prices to restricted supplies from mills against pick up in demand form bulk consumers such as ice-cream and soft-drink makers.
Sugar ready M-30 and S-30 prices climbed shot up Rs 60 each to conclude at Rs 3,980-4,080 and Rs 3,970-4,070 per quintal.
Likewise, mill delivery M-30 and S-30 quoted higher by Rs 60 each to end at Rs 3,610-3,760 and Rs 3,600-3,750 per quintal.
In the millgate section, sugar simbholi spurted by Rs 80 to Rs 3,760, while Mawana, Dorala, Thanabhavan, Khatuli and Sakoti hardened by Rs 70 each to Rs 3,720, Rs 3,710, Rs 3,690, Rs 3,750 and Rs 3,670 per quintal.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 43.00-45.00 per kg.
Sugar ready: M-30 Rs 3,980-4,080, S-30 Rs 3,970-4,070.
Mill delivery: M-30 Rs 3,610-3,760, S-30 Rs 3,600-3,750.
Sugar millgate (including duty): Mawana Rs 3,720, Kinnoni Rs 3,760, Asmoli Rs 3,710, Dorala Rs 3,710, Budhana Rs 3,695, Thanabhavan Rs 3,690, Dhanora Rs 3,690, Simbholi Rs 3,760, Khatuli Rs 3,750, Dhampur Rs 3,660, Ramala Rs 3,620, Anupshaher Rs 3,610, Baghpat Rs 3,640, Morna Rs 3,640, Sakoti Rs 3,670, Chandpur Rs 3,650, Nazibabad Rs 3,630 and Malakpur Rs N.T.
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First Published: Jul 27 2016 | 4:22 PM IST

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