Comments
Sugar prices ruled flat on the Vashi wholesale market on Tuesday as supplies continued to be ample. Producers kept their tender offer open to ease their inventory. Despite higher offtake by retailers, the demand-supply equation remained at a par. Arrivals continued to be at 62-63 truckloads, while local dispatches were at 59-60 loads. On Monday evening, 24-25 mills offered tenders and sold 70,000-72,000 bags at ₹2,560-2,660 (₹2,560-2,660) for S-grade and ₹2,660-2,780 (₹2,660-2,780) for M-grade.
The Bombay Sugar Merchants Association’s spot rates: S-grade ₹2,700-91 (₹2,700-2,800) and M-grade ₹2,812-2,952 (₹2,812-2,952). Naka delivery rates: S-grade ₹2,630-2,700 (₹2,630-2,700) and M-grade ₹2,740-2,870 (₹2,740-2,870).
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.