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Gur rises on festive demand, tight supply

Press Trust of India  |  New Delhi 

The wholesale gur(jaggery)market ended on a firm note today as gur prices rose by up to Rs 200 per quintal at the wholesale market in the national capital today on increased offtake by stockists following uptick in demand in view of festive season against restricted supplies.

Muzaffarnagar and Muradnagar gur markets also depicted a similar trend on increased buying by stockists.

Marketmen said besides pick up in demand from retailers due to ongoing festive season, tight stocks position on fall in arrivals from growing regions, mainly led an uptrend trend in gur prices.

At Delhi, gur chakku shot up by Rs 3,800-3,900 per quintal.

In Muzzafanfarngar, gur raskat also rose by Rs 100 to Rs 2,700-2,750, while chakku edged up to Rs 3,800-3,950 from previous level of Rs 3,750-3,850 per quintal respectively.

Gur khurpa and ladoo too finished higher at Rs 3,500- 3,550 and Rs 3,800-3,850 as compared to previous close of Rs 3,400-3,450 and Rs 3,750-3,800 per quintal.

In line with overall trend, gur pedi and dhayya in Muradnagar mandi,quoted higher at Rs 3,500-3,600 and Rs 3,600 -3,650 instead of Rs 3,400-3,550 and Rs 3,550-3,600 per quintal respectively.

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

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

Muzaffarnagar: Rasket Rs 2,700-2,750, chakku Rs 3,800-3,950, khurpa Rs 3,500-3,550 and Ladoo Rs 3,800- 3,850.

Muradnagar: Pedi Rs 3,500-3,600 and dhayya Rs 3,600- 3,650.

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

First Published: Wed, October 11 2017. 15:22 IST