Sugar prices up as demand picks up

Sugar prices improved by Rs 40 per quintal in the national capital today mostly supported by increased offtake by retailers to meet rising demand.
Marketmen said increased offtake by retailers to meet pick up in local demand, mainly responsible for the rise in sugar prices.
Sugar ready M-30 and S-30 prices closed higher at Rs 2,930-3,190 and Rs 2,920-3,180 from Rs 2,920-3,150 and Rs 2,910-3,140 per quintal.
Mill delivery M-30 and S-30 prices also settled higher at Rs 2,790-3,040 and Rs 2,780-3,030 instead of Rs 2,750-3,010 and Rs 2,740-3,000 per quintal.
In the millgate section, sugar Dorala and Budhana gained by Rs 35 to close higher at Rs 2,900 per quintal each, while Kinnoni and Modinagar moved up by Rs 30 each at Rs 3,040 and Rs 2,890 per quintal.

The following were today's quotations per quintal:

Sugar ready: M-30 Rs 2,930-3,190, S-30 Rs 2,920-3,180.
Mill delivery: M-30 Rs 2,790-3,040; S-30 Rs 2,780-3,030.
Sugar mill gate (including duty): Mawana 2890, Kinnoni 3,040, Asmoli 3,000, Dorala 2900, Budhana 2900, Thanabhavan 2895, Dhanora 2870, Simbholi 2,995, Modi Nagar Rs 2,890, Khatuli 2985, Dhampur 2,850, Ramala 2,850, Bulandshar 2,845, Anupshar 2,795, Baghpat 2,820, Morna 2,810, Sakoti 2,860, Chandpur 2,835, Amroha 2,825 and Nazibabad 2,800.