Steady to subdued trend in Sugar prices

In sugar prices a steady to subdued trend was noticed on the Navi Mumbai wholesale sugar market. Small grade sugar (S-30) declined to Rs.1,378/1,415 a quintal against its last closing level of Rs.1,424/1,485.

Sugar prices for check-post deliveries were, however, quoted higher at Rs.1,365/1,385 a quintal for the S-30 grade and Rs.1,405/1,440 a quintal for the M-30 grade on better offtake. Sugar steady trend and were quoted as under: small grade Rs.1,310/1,325 and medium grade Rs. 1,345/1,360 a quintal respectively on modest demand coupled with normal arrivals.


Market Update
(Sugarcane)