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Gur slumps on reduced offtake, increased supply

New Delhi, Oct 16: Gur prices dropped at the wholesale gur (jaggery) market in the national capital today due to easing demand from local parties and stockists against sufficient stocks position. Muzaffarnagar and Muradnagar gur markets also showed a similar trend on increased arrivals from producing belts.


Marketmen said fall in demand from local traders and stockists against sufficient stocks position on pick up in arrivals from producing belts mainly pulled down gur prices. At Delhi, gur chakku and pedi slipped to Rs 3,500-3,700 and Rs 3,500-3,800 from previous levels of Rs 3,800-3,900 each per quintal.


Gur dhayya and shakkar also enquied lower by Rs 200 each to Rs 3,700-3,800 and Rs 3,800-3,900 per quntal. In Muzzafangar, raskat and chakku drifted lower by Rs 200 each to Rs 2,500-2,550 and Rs 3,600-3,750 per quintal Khurpa and laddo enquired lower by a similar margin to Rs 3,300-3,350 and Rs 3,600-3,650 per quintal.


Muradnagar, gur pedi and dhyaa too finished down by Rs 200 each to Rs 3,300-3,400 and Rs 3,400-3,450 per quintal. Following are today’s rates (in Rs per quintal): Gur chakku Rs 3,500-3,700, pedi Rs 3,500-3,800, dhayya Rs 3,700-3,800 and shakkar Rs 3,800-3,900.


Muzaffarnagar: Rasket Rs 2,500-2,550, chakku Rs 3,600-3,750, khurpa Rs 3,300-3,350 and Ladoo Rs 3,600- 3,650. Muradnagar: Pedi Rs 3,300-3,400 and dhayya Rs 3,400-3,450.