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Sugar millgate prices ease on ample supplies

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Press Trust of India New Delhi
Sugar millgate prices fell by Rs 10 per quintal at the wholesale market in the national capital today mostly due to persistent supplies from mills amid limited demand.

Marketmen said apart from adequate stocks, subdued demand from bulk consumers such as soft-drink and ice-cream makers, mainly weighed on sweetener prices.

In millgate section, sugar Mawana and Morana eased by Rs 10 each to Rs 2,755 and Rs 2,760 per quintal.

Prices of Bahpat and Khatuli also fell by Rs 10 each to Rs 2,750 and Rs 2,810 per quintal.

Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 32.00-35.00 per kg.
 

Sugar ready: M-30 Rs 2,780-3,010 S-30 Rs 2,770-2,990.

Mill delivery: M-30 Rs.2,730-2,870 S-30 Rs.2,715-2,850.

Sugar mill gate (including duty): Mawana Rs 2,755, Kinnoni Rs 2,870, Asmoli Rs 2,800, Dorala Rs 2,745, Budhana Rs 2,770, Thanabhavan Rs 2,760, Dhanora Rs 2,750, Simbholi Rs 2,830, Modi Nagar Rs 2,720, Khatuli Rs 2,810, Dhampur 2,720, Ramala Rs 2,750, Bulandshahr Rs N.T., Anupshahr Rs 2,730, Baghpat Rs 2,750, Morna Rs 2,760, Sakoti Rs 2,720, Chandpur Rs 2,710, Nazibabad Rs 2,740.

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First Published: Jan 29 2015 | 2:55 PM IST

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