Gur drops on higher supplies, thin demand

Gur prices tumbled down by Rs 100 per quintal at the wholesale gur (Jaggery) market in the national capital today following increased arrivals from manufacturing belts amid thin demand.

Muzaffarnagar and Muradnagar gur markets also declined by Rs 100 per quintal on constant supplies amid weak demand.

Marketmen said ample stocks following increased supplies amid slackened demand led to the fall in prices.

In Delhi, gur Pedi, Dhayya and Shakkar prices lost Rs 100 each to settle at Rs 3,200-3,300, Rs 3,400-3,500 and Rs 3,500-3,600 per quintal.

At Muzaffarnagar, gur Chakku and Khurpa prices slipped from Rs 3,000-3,100 and Rs 2,850-2,950 to settle at Rs 2,950-3,050 and Rs 2,825-2,850, while gur Laddoo price lost Rs 50 to finish at Rs 2,900-2,950 per quintal.
 

Prices of gur Raskat also fell by Rs 100 to conclude at Rs 2,650-2,650 per quintal on sluggish demand from beer makers.

Coming to Muradnagar, gur Pedi and Dhayya prices were down at Rs 2,825-2,900 and Rs 2,900-2,950 instead of Rs 2,925-3,000 and Rs 3,000-3,050 per quintal.

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

Gur chakku Rs 3,300-3,400, pedi Rs 3,200-3,300, dhayya Rs 3,400-3,500 and shakkar Rs 3,500-3,600.

Muzaffarnagar: Rasket Rs 2,650-2,650, chakku Rs 2,950-3,050, khurpa Rs 2,825-2,850 and Ladoo Rs 2,900-2,950.

Muradnagar: Pedi Rs 2,825-2,900 and dhayya Rs 2,900-2,950.