Comments
Sugar prices shot up as wholesale and retail demand for Navratri picked up amid supporting factors like bullish overseas futures and lower domestic production in 2016-17. At Vashi spot and naka rates were up by ₹15-20 and ₹30-40 a quintal respectively. Arrivals to the Vashi were at 61-62 truck loads and local dispatches were higher at 64-65 loads.
Freight rates were steady. The Bombay Sugar Merchants Association’s spot rates:S-grade ₹3,582-3,732 (3,586-3,725) and M-grade ₹3,702-3,852 (3,642-3,846). Naka delivery rates: S-grade ₹3,560-3,620 (3,520-3,580) and M-grade ₹3,610-3,720 (3,600-3,680).
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.