Increase in sugar prices, comfort for factories
During the festive season, the demand for sugar has increased as sugar prices are rising. In the last fortnight, the price of sugar has increased from Rs. 100 to Rs. 100 per quintal. This will provide comfort to the sugar factories who are suffering due to scarcity.
During the festive season, the demand for sugar has increased as sugar prices are rising. In the last fortnight, the price of sugar has increased from Rs. 100 to Rs. 100 per quintal. This will provide comfort to the sugar factories who are suffering due to scarcity. About 1.5 lakh tonnes of sugar is lying in the godowns at the private and cooperative factories in the district. In the coming years, the sugar will be coming out for sale in bulk.
Last year, the district had a record sugar production. Sugar was falling in the warehouse of factories as there was no demand for sugar. One quintal was getting rates from Rs. The central government had implemented some measures so that sugar prices could not come into the market at the same time. The factories were forbidden to sell sugar to factories for less than Rs. 3,000. After that, the bond was increased to Rs. The sugar factories were facing the problem of low sugar prices. But in the last fortnight, the factories have been selling sugar at higher rates. Sugar prices have increased over the past month. Some factories have sold sugar at the rate of Rs. Due to floods in Kolhapur, Sangli, no sugar was sold in the area. Due to this, the demand for sugar has increased in the district. Sugar production declined due to less sugarcane available in the state this year. Traders have started buying sugar due to festivals in the coming days. This is why sugar prices are rising. Sugar prices are likely to rise further in the coming days. Therefore, the sugar factories are going to sell out the remaining sugar factories. The sugar factories in the district have sold over 5 lakh tonnes of sugar in the last ten months, while the factories have around 5 lakh tonnes of sugar. The increase in demand will now lead to the sale of sugar. Also, there will be less sugar production in the coming season. Therefore, factories will not have to worry about remaining sugar reserves. Consumers, however, now have to eat expensive sugar.
In the retail market, Rs 5 to Rs
In the retail market, sugar was sold at Rs 5 to Rs 5 a kg last month. Sugar prices are rising in the retail market as prices rise. One kilogram of sugar is currently being sold in the retail market for Rs 5 to Rs 5 per kg. Sugar is going to be more expensive in the retail market as there are festivals in the coming days.
Balance reserves (in tonnes) from sugar factories
August-19 thousand, Ashok-3 thousand, Dnyaneshwar 3 thousand, Ganesh-3 thousand, Gangamai 3 thousand, Ambalika-1 lakh 3 thousand, Kopargaon 3 thousand, Mula-19 thousand, Kukadi-3 thousand, Pravara-3 thousand 1, Thorat-1 Thousand, Sanjeevani 1 Thousand Vrudeshwar-3 Thousand, Shrigonda-3 Thousand