Mixed trends : Sugar

On Monday, a mixed trend was witnessed on the Navi Mumbai wholesale sugar market. Prices of small sugar lost on poor buying support from consumer amid normal supply position. On the other hand, medium grade sugar ruled overall steady on thin demand supported by restricted arrivals.

Small grade sugar (S-30) declined to Rs.1,490/1,527 a quintal against previous weekend level of Rs, 1,497/1,527. Medium grade (M-30) were quoted at its earlier closing level of Rs. 1,530/1,565 a quintal. Sugar prices for check-post were quoted lower due to lack of demand and were quoted as under: small grade Rs. 1,480/1,490 and medium grade Rs.1,510/1,525 a quintal respectively,as reported by market sources.


Market Update (Sugarcane)