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Gur prices spurt on paucity of stock, speculative buying

Press Trust of India  |  New Delhi 

Gur (jaggery) recorded a jump of Rs 200 per quintal in its prices at the wholesale market in the national capital today following immense buying by stockists and retailers amid shortage of stocks on tight supplies.

Muzaffarnagar and Muradnagar gur markets also displayed a firm trend with prices rising by up to Rs 275 per quintal, thanks to brisk buying amid paucity of stocks.

According to marketmen, the rise in gur prices was due to paucity of stocks amid sturdy buying by stockists and retailers.

Apart from higher advices from neighbouring states for the festive season also helped to boost trading sentiments.

In gur Chakku, Dhayya and Shakkar prices soared by Rs 200 each to end the day at Rs 3,800-3,900, Rs 4,000- 4,100 and Rs 4,200-4,300, while Dhayya prices climbed up by Rs 100 to finish at Rs 4,000-4,100 per quintal.

At Muzaffarnagar, gur Chakku bounced from Rs 3,175-3,275 to settle at Rs 3,450-3,500 showing a rise up to Rs 275 per quintal.

Whle, gur Raskat prices hardened by Rs 100 to Rs 2,800- 2,850 per quintal on heavy beer makers demand.

In Muradnagar, gur pedi prices noted a gain of Rs 150 at Rs 3,700-3,750 per quintal on paucity of stocks.

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

Gur chakku Rs 3,800-3,900, pedi Rs 4,000-4,100, dhayya Rs 4,000-4,100 and shakkar Rs 4,200-4,300.

Muzaffarnagar: Rasket Rs 2,800-2,850, chakku Rs 3,450- 3,500, khurpa Rs N.Q. And Ladoo Rs N.Q.

Muradnagar: Pedi Rs 3,700-3,750 and dhayya N.Q.

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

First Published: Tue, September 12 2017. 14:23 IST