Sugar firm market extends

Dealers reported that due to incessant rains and disrupted the trucks movements a firm trend continued to rule on the Navi mumbai wholesale sugar market on Tuesday. The renewed buying from retailers also pushed up prices, as reported.

Small grade sugar (S-30) improved by Rs. 5/10 a quintal to Rs. 1,500/1,515 from the overnight level of Rs. 1,490/1,510. Medium grade (M-30) also rose by Rs. 10 a quintal to Rs. 1,530/1,570 against the previous close of Rs. 1,520/1,560.

Sugar prices for check-post were quoted higher and were quoted as under: small grade Rs.1,480/1,490 and medium grade Rs. 1,510/1,530 a quintal respectively. Sugar price for ex-mill deliveries also ruled firm on better demand and quoted higher at Rs. 1,425/1,440 a quintal for S-30 grade and Rs. 1,455/1,470 a quintal for M-30 grade.


Market Update
(Sugarcane)