Sugar under pressure

Small grade sugar (S-30) was quoted at Rs.1528/1550 a quintal against its previous level of Rs.1520/1554 a quintal. Medium grade sugar (M-30) ruled lower at Rs.1545/1585 a quintal against weekend level of Rs.1555/1590. Sugar prices for check-post were quoted lower for the S-30 grade at Rs.1502/1520 and for the M-30 Rs.1525/1550 a quintal.

Due to want of buyers sugar prices for ex-mill delivery also eased marginally as under small grade Rs. 1460/1470 and medium grade Rs.1480/1495 a quintal respectively.


Market Update (Sugarcane)