Market price trend of sugar

An easy-to subdued trend continued at Turbhe, Navi Mumbai. Both the grades of sugar ruled subdued. A dull demand led to weak trend in sugar prices.

Small-grade sugar (S-30) eased further to Rs.1,510-1,541 a quintal against its previous level of Rs. 1,505-1,551 on easy supply position of ready stock coupled with dull consumer demand. Medium-graded sugar (M-30) held overall steady at the previous level of Rs.1,535-1,600 a quintal on dull off-take against modest availability of ready stock. Consumer demand was modest against a normal supply position. Sugar prices for check-post were quoted higher at Rs.1,490-1,500 a quintal for S-30 grade and Rs.1,510-1,540 for the medium grade yesterday.


Market Update
(Sugarcane)