Sugar prices ruled steady on Friday on routine demand amid ample supply. Vashi market’s 110-115 truckloads inventory is keeping stockists away from. They prefer to buy fine varieties at a slight premium . Hence, both varieties were sold at ₹5-10 higher and lower respectively. Naka and mill tender rates were unchanged. Arrivals at Vashi market continued at about 60-61 truckloads and local offtake was 59-60 loads. On Thursday evening, 19-20 mills offered tenders and sold about 48,000-50,000 bags at ₹2,900-3,000 (₹2,900-3,000) for S-grade and ₹3,000-3,150 (₹3,000-3,150) for M-grade. Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,005-3,152 (₹3,003-3,152) and M-grade was ₹3,152-3,301 (₹3,142-3,292). Naka delivery rates: S-grade ₹2,970-3,050 (₹2,970-3,020) and M-grade ₹3,070-3,190 (₹3,070-3,190).
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