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Gur prices dip on tepid demand

Press Trust of India  |  New Delhi 

(jaggery) prices plunged by Rs 100 per at the wholesale market in the national capital today following increased supplies and muted demand.

Muzaffarnagar and Muradnagar markets also revealed a sharp fall of up to Rs 250 per on fresh arrivals amid sluggish demand.

Marketmen said weak demand from stockists and retailers due to off season, powered by increased supplies from manufacturing belts, mainly brought down the prices.

In Dehi, gur Chakku, Dhayya, Pedi and Shakkar prices lost Rs 100 each to settle the day at Rs 2,900-3,000 and Rs 3,100-3,200, Rs 2,900-3,000 and Rs 3,200-3,300 per

At Muzaffarnagar, gur Chakku and Khurpa tumbled down from Rs 2,450-2,800 and Rs 2,500-2,300 to end at Rs 2,400-2,550 and Rs 2,250-2,300, showing a decline of up to Rs 250 per quintal.

prices also dropped by Rs 100 to conclude at Rs 2,500-2,600 per quintal.

Coming to Muradnagar, gur Dhayya prices plummeted by Rs 250 to settle at Rs 2,550-2,600, while Pedi prices slipped by Rs 200 to Rs 2,500-2,550 per quintal.

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

Gur chakku Rs 2,900-3,000, pedi Rs 2,900-3,000, dhayya Rs 3,100-3,200 and shakkar Rs 3,200-3,300.

Muzaffarnagar: Rasket Rs 2,100-2,150, chakku Rs 2,400-2,550, khurpa Rs 2,250-2,300 and Ladoo Rs 2,500- 2,600.

Muradnagar: Pedi Rs 2,500-2,550 and dhayya Rs 2,550-2600.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 14:20 IST