Pakistan. Sugar prices fall on increased arrivals

05.12.2016

Sugar recorded a moderate fall of Rs 15 per quintal at the wholesale market in the national capital today following increased supplies form mills amid scattered buying.

Marketmen said the fall in sweetener prices was mostly due to adequate stocks in the market on increased supplies from mills.

Sugar mill delivery M-30 and S-30 prices were lower at Rs 10 each to Rs 3,410-3,620 and Rs 3,400-3,610 per quintal.

In the millgate section, sugar Budhana, Simbholi and Thanabhavan slipped by Rs 15 each to Rs 3,540, Rs 3,575 and Rs 3,540 per quintal.

Likewise, sugar Kinnoni, Asmoli, Khatuli, Ramala, Chandpur and Anupshaher also dropped by Rs 10 each to finish at Rs 3,620, Rs 3,570, Rs 3,560, Rs 3,420, Rs 3,500 and Rs 3,420 per quintal.

Following are today's quotations (in Rs per quintal)

Sugar retail markets - Rs 38.00-41.00 per kg.

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

Mill delivery: M-30 Rs 3,410-3,620, S-30 Rs 3,400-3,610.

Sugar millgate (including duty): Mawana Rs 3,520, Kinnoni Rs 3,620, Asmoli Rs 3,570, Dorala Rs 3,540, Budhana Rs 3,540,Thanabhavan Rs 3,540, Dhanora Rs 3,540, Simbholi Rs 3,575, Khatuli Rs 3,560, Dhampur Rs 3,480, Ramala Rs 3,420, Anupshaher Rs 3,420, Baghpat Rs 3,430, Morna Rs 3,430, Sakoti Rs 3,500, Chandpur Rs 3,500, Nazibabad Rs 3,410 and Modi nagar 3,515.


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