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Business Daily from THE HINDU group of publications Tuesday, March 13, 2007 |
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News Update as at 18.00 hrs (IST)
Commodities NEW DELHI: Prices drifted on the wholesale sugar market on Tuesday largely on adequate supply against reduced offtake and closed in negative zone. Marketmen said adequate stocks position following increased arrivals from mills largely pulled sugar prices down. Sugar ready medium and second grade prices fell by Rs.10 each at Rs.1500-1580 and Rs.1490-1470 a quintal respectively. Mill delivery medium and second grade prices also down by Rs.10 each at Rs.1355-1430 and Rs.1345-1420 a quintal respectively. In the mill gate section, sugar Modi Nagar traded lower at Rs.1425, Titabi dipped by Rs.10 at Rs.1420, Badaiu eased at Rs.1380 from Rs.1390 while samali quoted at Rs.1410 a quintal respectively. Following were today quotations in rupees per quintal: Sugar ready M-30 1500-1580 and S-30 1490-1570. Mill delivery M-30 1355-1430 and S-30 1345-1420. Sugar mill gate prices (excluding duty): Modi Nagar 1425, Bagpat 1410, Daurala 1430, Chandpur 1390, Titabi 1420, Mawana 1420, Simbhawali 1380, Khatauli 1435, Badaiu 1380, Sattha 1390, Ruderavilash 1385, Bijnor 1375 and Amroha 1380 and samali Rs 1410. - P TI
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