Gur soars by Rs 400 on seasonal demand, thin supply

NEW DELHI: Gur prices spurted by Rs 400 per quintal at the wholesale market in the national capital today mostly supported by winter season demand amidst restricted supplies.

Muzaffarnagar and Muradnagar gur markets also recorded a sharp rise up to Rs 450 per quintal.

Marketmen said increased buying activity driven by winter season demand coupled with thin supplies following fall in production due to bad weather conditions mainly attributed rise in prices.

In Delhi, gur Pedi prices shot up from Rs 2,450-2,550 to Rs 2,850-2,900 per quintal.

Gur Dhayya and Shakkar prices also jumped by Rs 300 each to Rs 2,900-3,000 and Rs 3,000-3,100 per quintal.

At Muradnagar, prices of gur Pedi and Dhayya spurted from Rs 2,100-2,150 and Rs 2,150-2,200 and both ended at Rs 2,500-2,600, showing sharp gains up to Rs 450 per quintal.

In Muzaffarnagar, Khurpa prices enquired higher from Rs 2,125-2,200 to Rs 2,300-2,400 per quintal.

Prices of Chakku and Ladoo also traded higher at Rs 2,350-2,550 and Rs 2,450-2,650 instead of Rs 2,250-2,450 and Rs 2,375-2,525 per quintal.

Following are today's rates (in Rs per quintal): Gur chakku Rs 2,500-2,600, pedi Rs 2,850-2,900, dhayya Rs 2,900-3,000 and shakkar Rs 3,000-3,100.

Muzaffarnagar: Rasket Rs 2,200-2,250, chakku Rs 2,350-2,550, khurpa Rs 2,300-2,400 and Ladoo Rs 2,450-2,650.

Muradnagar: Pedi Rs 2,500-2,600 and dhayya Rs 2,500-2,600.