NEW DELHI (Commodities control) There was almost silence in sugar market because of week and month end. Bank holiday also lead to standstill in the trade. Sugar prices remained stable in across the market. Mostly did not open sugar sale or auction due to bank holiday.
A Delhi trader told that demand was very weak. Lower demand also dampens market sentiment. Lower quota of 21.5 lakh MT should push up prices but weak demand can lead prices in negative zone. In Uttar Pradesh, mostly sugar mills did not change sale price. Current weaker demand will force millers to reduce prices. Khatouli mills was exception to reduce sale price on week end.
|
Market
|
Grade
|
28-Nov
|
27-Nov
|
Change
|
|
Delhi
|
M-31
|
3560-3680
|
3560-3680
|
0
|
|
(Including GST)
|
S-31
|
3540-3660
|
3540-3660
|
0
|
|
Muzaffarnagar (UP)
|
M-31
|
3540-3650
|
3540-3650
|
0
|
|
(Including GST)
|
S-31
|
3520-3630
|
3520-3630
|
0
|
|
Kanpur (UP)
|
M-31
|
3560-3680
|
3560-3680
|
0
|
|
(Including GST)
|
S-31
|
3540-3660
|
3540-3660
|
0
|
|
Mumbai-Vashi
|
M-30
|
3272-3502
|
3272-3502
|
0
|
|
GST Extra
|
S-30
|
3216-3292
|
3216-3292
|
0
|
|
Mumbai-Naka
|
M-30
|
3205-3305
|
3205-3305
|
0
|
|
GST Extra
|
S-30
|
3145-3205
|
3145-3205
|
0
|
|
Kolhapur (Maha)
|
M-30
|
3150-3210
|
3150-3210
|
0
|
|
GST Extra
|
S-30
|
3110-3130
|
3110-3130
|
0
|
|
Hyderabad (Tel.)
|
M-30
|
3210-3230
|
3210-3230
|
0
|
|
GST Extra
|
S-30
|
3180-3210
|
3180-3210
|
0
|
|
Bangaluru (Ktk)
|
M-30
|
3230-3250
|
3230-3250
|
0
|
|
GST Extra
|
S-30
|
3190-3225
|
3190-3225
|
0
|
|
Chennai (TN)
|
M-30
|
3325-3350
|
3325-3350
|
0
|
|
GST Extra
|
S-30
|
3300-3325
|
3300-3325
|
0
|
|
Kolkata Ex-Rly Siding
|
M-30
|
3620-3630
|
3620-3630
|
0
|
|
(Including GST)
|
S-30
|
3570-3580
|
3570-3580
|
0
|
(By Commoditiescontrol Bureau: +91-22-40015505)
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