An easy to subdued trend was noticed on the Navi Mumbai wholesale sugar market here on today as both grades suffered a set back due to lack of demand. The arrivals from mills were normal while the market sentiment remains weak. Small grade sugar (S-30) declined to Rs 1,501/1,545 a quintal against is previous level of Rs 1,505/1,545 on poor demand from retailers. Medium grade sugar (M-30) ended lower at Rs 1,525/1,585 a quintal, showing a fall of Rs 10/15 over the previous level of Rs 1,535/1,6000 due to easy availability of ready stocks. Sugar for check post delivers ruled steady and were quoted as under: small grade Rs 1,485/1,502 and medium grade Rs 1,501/1,540 a quintal respectively. Sugar for ex-mill delivers were quoted higher a Rs 1,422/1,450 a quintal for S-30 grade and Rs 1,450/1,480 a quintal for the M-30 grade. |
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