Sugar price improves on strong demand

Sugar registered a gain of Rs 20 per quintal in its prices at the wholesale market in the national capital today following strong demand amid restricted supplies.
Marketmen said strong demand driven by ongoing wedding season amid restricted supplies from mills mainly attributed the rise in sweetener prices.
Meanwhile, Indian Sugar Mills Association (ISMA) stated a 6 per cent downfall in total output. However, Uttar Pradesh has shown an uptick in production by rising over 30 per cent as compared to last year.
Sugar ready M-30 and S-30 prices enquired higher by Rs 20 each to Rs 4,000-4,050 and Rs 3,990-4,040 per quintal, respectively.

Mill delivery M-30 and S-30 prices also traded higher by Rs 10 each to Rs 3,700-3,770 and Rs 3,690-3,760 per quintal.
In the millgate section, sugar Morna, Dhanora and Asmoli prices were up by Rs 10 each to Rs 3,730, Rs 3,710 and Rs 3,730

per quintal.
Prices of Simbholi and Modinagar also edged up by Rs 5 each to Rs 3,760 and Rs 3,710 per quintal.
Following are today's quotations (in Rs per quintal)
Sugar retail markets - Rs 42.00-46.00 per kg.
Sugar ready: M-30 Rs 4,000-4,050, S-30 Rs 3,990-4,040.
Mill delivery: M-30 Rs 3,700-3,770, S-30 Rs 3,690-3,760.
Sugar millgate (including duty): Mawana Rs 3,720, Kinnoni Rs 3,770, Asmoli Rs 3,730, Dorala Rs 3,720, Budhana Rs 3,720,Thanabhavan Rs 3,710, Dhanora Rs 3,710, Simbholi Rs 3,760, Khatuli Rs 3,750, Dhampur Rs 3,690, Ramala Rs 3,730, Anupshaher Rs 3,720, Baghpat Rs 3,740, Morna Rs 3,720, Sakoti Rs 3,700, Chandpur Rs 3,690, Nazibabad Rs 3,720 and Modinagar 3,710.