Login ID:
Password:
Partner Login
Contact Us : 7066511911

Sugar Drops In Southern, Western Markets But Steadies In North, Demand Still Absent

5 Dec 2020 6:34 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

NEW DELHI (Commodities control) Sugar prices slipped Rs. 10 per quintal in mostly markets of eastern, western and southern regions. The market were lacking demand from every segment of consumers. The prices steadied in Delhi and Uttar Pradesh but bearish tone prevailed. According to market sources, the prices may fall further slightly in next 2-3 days of coming week. Later, lower prices may attract buyers in mid of next week.



Sugar prices fell down by Rs. 10 per quintal in Mumbai Naka market. But it remained stable in Mumbai Vashi market. Kolhapur, Hyderabad, Bangaluru, Chennai and Kolkata markets also registered down ward trend. But UP millers did not reduce prices today so mill rate and market prices remained at previous level. Sugar had registered downfall in last two days in Delhi and UP. According to traders, retail as well as industrial consumers were absent from the market. They do not expect any price rise to they were buying for immediate need only. Millers were feeling pressure to sell their quota and fullfill their financial needs.


Market

Grade

05-Dec

04-Dec

Change

Delhi

M-31

3450-3550

3450-3550

0

(Including GST)

S-31

3430-3530

3430-3530

0

Muzaffarnagar (UP)

M-31

3440-3540

3440-3540

0

(Including GST)

S-31

3420-3520

3420-3520

0

Kanpur (UP)

M-31

3460-3560

3460-3560

0

(Including GST)

S-31

3440-3540

3440-3540

0

Mumbai-Vashi

M-30

3242-3500

3242-3500

0

GST Extra

S-30

3206-3302

3206-3302

0

Mumbai-Naka

M-30

3185-3285

3195-3295

-10

GST Extra

S-30

3125-3185

3135-3195

-10

Kolhapur (Maha)

M-30

3120-3180

3130-3190

-10

GST Extra

S-30

3080-3100

3090-3110

-10

Hyderabad (Tel.)

M-30

3180-3200

3190-3210

-10

GST Extra

S-30

3150-3180

3160-3190

-10

Bangaluru (Ktk)

M-30

3200-3220

3210-3230

-10

GST Extra

S-30

3160-3190

3170-3200

-10

Chennai (TN)

M-30

3290-3310

3300-3325

-10

GST Extra

S-30

3260-3290

3275-3300

-10

Kolkata Ex-Rly Siding

M-30

3580-3590

3590-3600

-10

(Including GST)

S-30

3520-3530

3520-3530

0

(By Commoditiescontrol Bureau: +91-22-40015505)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
Mustard seed, oil steady today after consistent price r...
U.S. Soybean Export Sales Over Doubled to 18,17,700 MT ...
India Rabi Oilseeds Sowing Up by 5.34% As On Jan 22 At...
Soy Complex – Soybean Oil (CBT) – Signs of a Positive R...
Soy Complex – Soybeans (CBT) – Pullback Underway / Next...
more
Top 5 News
Wheat Price Steady In Delhi On Government’s Supply, Dow...
Statewise Rabi Pulses Sowing Till Jan 20, 2021
A.P-Telangana Cotton Prices Steady amid Reduced Arrival...
Lower Rajasthan Cotton Dropped Rs 200/Candy due to Lowe...
Spot Cotton Rates Weak in North India, Steady in South ...
Top 5 Special Reports
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
Robust Chinese Demand to Keep Cotton Prices Firm, ZCE C...
USD/INR (Jan ‘21) – Weak Price Trend / Next Target at 7...
Copyright © CC Commodity Info Services LLP. All rights reserved.