New Delhi, Apr 6 (PTI) Sugar prices went down by Rs 70 per quintal at the wholesale market in the national capital today following bumper stocks position amid thin demand.
Marketmen said ample availability of sugar in the market following persistent supplies from mills on record output this year against thin demand from stockists and bulk consumers such as soft-drinks and ice-cream makers, mainly pulled down the sweetener’s prices.
Sugar ready M-30 and S-30 prices settled lower by Rs 70 each to Rs 3,100-3,200 and Rs 3,090-3,190 per quintal, respectively.
Likewise, sugar mill delivery M-30 and S-30 prices slipped by Rs 45 each to end at Rs 2,900-3,020 and Rs 2,890-3,010 per quintal, respectively.
In the mill gate section, sugar Malakpur plunged the most by Rs 70 to Rs 2,880, Modinagar dipped by Rs 65 to Rs 2,890, Shamli and Khatuli declined by Rs 60 each to Rs 2,900 and Rs 3,000 per quintal, respectively.
Following are today’s quotations (in Rs per quintal) Sugar retail markets – Rs 32.00-35.00 per kg.
Sugar ready: M-30 Rs 3,100-3,200, S-30 Rs 3,090-3,190.
Mill delivery: M-30 Rs 2,900-3,020, S-30 Rs 2,890-3,010.
Sugar millgate (including duty): Mawana Rs 2,920, Kinnoni Rs 3,020, Asmoli Rs 2,980, Dorala Rs 2,925, Budhana Rs 2,935, Thanabhavan Rs 2,925, Dhanora Rs 2,990, Simbholi Rs 3,000, Khatuli Rs 3,000, Dhampur Rs 2,900, Sakoti 2,900, Modinagar 2,890, Shamli 2,900, Malakpur 2,880, Ramala not available, Anupshaher N.A, Baghpat N.A.,Morna N.A., Chandpur N.A., Nazibabad N.A and Nanota N.A.
This is published unedited from the PTI feed.