Gur prices fall on weak demand, increased arrivals

Gur prices declined by Rs 100 per quintal at the wholesale market in the national capital today following weak demand amid increased supplies.

Muzaffarnagar and Muradnagar gur markets also dropped up to Rs 100 per quintal on mounting of stocks amid faded demand.

Marketmen said mounting stocks on steady inflow of arrivals from manufacturing belts along with slackness in demand, mainly dragged down gur prices.

In Delhi, gur Pedi and Dhayya prices lost Rs 100 each to settle at Rs 3,100-3,200 and Rs 3,300-3,400 per quintal.

At Muzaffarnagar, gur Chakku and Khurpa prices dropped from Rs 2,950-3,050 and Rs 2,825-2,850 to Rs 2,875-3,000 and Rs 2,750-2,775 per quintal.

Gur Raskat prices also slides by Rs 50 to conclude at Rs 2,550-2,600 per quintal on reduced offtake by beer makers.

Coming to Muradnagar, gur Pedi and Dhayya prices softened to settle at Rs 2,700-2,750 and Rs 2,800-2,850 instead of Rs 2,825-2,900 and Rs 2,900-2,950 per quintal.

Following are today's rates (in Rs per quintal): Gur chakku Rs 3,200-3,300, pedi Rs 3,100-3,200, dhayya Rs 3,300-3,400 and shakkar Rs 3,500-3,600.

Muzaffarnagar: Rasket Rs 2,550-2,600, chakku Rs 2,875-3,000, khurpa Rs 2,750-2,775 and Ladoo Rs 2,900-2,950.

Muradnagar: Pedi Rs 2,700-2,750 and dhayya Rs 2,800-2,850.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)