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This is an archive article published on September 17, 2012

Sugar prices up on better offtake

Sugar prices improved by Rs 40 per quintal in the national capital.

Sugar prices improved by Rs 40 per quintal in the national capital today following increased offtake amid restricted supply.

Marketmen said brisk demand from retailers and bulk consumers ahead of the festive season,sparked by higher millers’ advices mainly pushed up sweetener prices.

They said restricted supply into the market further supported the uptrend in sugar prices.

Sugar M-30 and S-30 was quoted higher at Rs 3,840-3,970 and Rs 3,825-3,950 per quintal,respectively.

Mill delivery M-30 and S-30 prices settled higher at Rs 3,525-3,825 and Rs 3,500-3,800 per quintal.

Among millgate section,sugar asked higher by Rs 40 at Rs 3,750 per quintal,while dorala enquired higher at Rs 3,730 per quintal.

The following were today’s rates per quintal: Sugar ready: M-30 3,840-3,970,S-30 3,825-3,950. Mill delivery: M-30 3,525-3,825; S-30 3,500-3,800. Sugar mill gate (including duty): Mawana 3750,Kinnoni 3825,Asmoli 3790,Dorala 3730,Budhana N.T,Thanabhavan N.T,Ramala 3560,Bulandshar N.T,Morna 3550,Sakoti 3540,Chandpur 3630,Dhanora 3680,Khatuli 3680,Baghpat 3570,Amroha 3640,Simbholi 3790,Modi nagar 3680,Anupshar 3530 and Nazibabad 3530.

 

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