Sugar mill gate prices trade on mixed note

By: |
Published: February 19, 2018 5:50:58 PM

The prices at select mills declined on excess supplies from mills on restricted offtake and prices at other mills soared on better offtake scenario. So, the prices of sugar mill gate traded on a mixed note at the wholesale market in the Delhi region today.

sugar mills, sugar mills prices, sugar prices, sugar price fall, food ministry, sugar industriesThe prices at select mills declined on excess supplies from mills on restricted offtake.

The prices at select mills declined on excess supplies from mills on restricted offtake and prices at other mills soared on better offtake scenario. So, the prices of sugar mill gate traded on a mixed note at the wholesale market in the Delhi region today. The decline in prices of select mills resulted due to incessant supplies from mills along with reduced offtake by stockists and bulk consumers.

Sugar prices

Sugar mill delivery M-30 and S-30 traded at Rs 3,480-3,660 and Rs 3,470-3,650 in comparison with previous close of Rs 3,490-3,630 and Rs 3,480-3,620 per quintal. In the mill gate section, sugar Mawana,  Asmoli and Simbholi dropped by Rs 30 each to Rs 3,540 and Rs 3,550 and Rs 3,550 perquintal  each, while Khatuli, Dhampur and Dorala fell by Rs 20 each to Rs 3,580, Rs 3,480 and Rs 3,550 per quintal. On the other hand, sugar Kinnoni gained by Rs 30 to Rs 3,660 while Shamli advanced by Rs 25 to Rs 3,520 per quintal.

Today’s quotations (Rs per quintal) are:

Sugar retail markets – Rs 38.00-42.00 per kg.

Sugar ready: M-30 Rs 3,750-3,900, S-30 Rs 3,740-3,890.

Mill delivery: M-30 Rs 3,480-3,660, S-30 Rs 3,470-3,650.

Sugar millgate (including duty): Mawana Rs 3,540, Kinnoni Rs 3,660.

Get live Stock Prices from BSE, NSE, US Market and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Maharashtra govt’s scheme to deal with excess milk yet to take off
2Home delivery of petrol, CNG: Govt mulling new retailing model to make all fuels available at one place
3Gold prices jump today as investors seek safe-haven assets amid heightened US-China tensions