Gur prices down on mounting of stocks, sluggish demand

Written by Agencies | New Delhi | Updated: Feb 27 2012, 23:26pm hrs
The wholesale gur (jaggery) prices lost Rs 100 per quintal here today following heavy supply from gur manufacturing areas amid slackness in demand. Muzaffarnagar and Muradnagar gur market too showed a steep fall of Rs 250 per quintal on sluggish demand.

Marketmen said mounting of ready stocks, sparked by heavy supply from manufacturing areas as well as fall in demand, mainly pulled down gur prices. In Delhi, gur pedi and dhayya prices dropped by Rs 100 each to settle at Rs 2,650-2,750 and Rs 2,700-2,750 per quintal, respectively.

Shakkar prices also fell by Rs 100 at Rs 2,800-2,900 per quintal, while gur chakku slipped by Rs 50 to Rs 2,675-2,700 per quintal.

At Muzaffarnagar, gur dipped by Rs 100 to Rs 2,375-2,550 per quintal, gur kuurpa prices also moved down from Rs 2,300-2,375 to Rs 2,300-2,350 per quintal.

Turning to Muradnagar, gur pedi and dhayya prices tumbled from Rs 2,500-2,550 and Rs 2,550-2,600, respectively, to end at Rs 2,300-2,350 each. Marketmen said little buying support and adequate stocks position mainly held prices unaltered.

The following are today's quotations per quintal:

Gur chakku 2,675-2,700, pedi 2,650-2,700, dhayya

2,700-2,750 and shakkar Rs 2,800-2,900.

Muzaffarnagar: Raskat Rs 2,250-2,350, chakku Rs

2,425-2,550 and khurpa 2,300-2,360.

Muradnagar: Pedi Rs 2,300-2,350 and dhayya

Rs 2,300-2,350.