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Sugar prices in domestic markets turned bullish tracking firm mill tender rates which increased by ₹20-30 a quintal led by sharp gain in overseas and domestic futures. Spot prices at Vashi market gained ₹10-15 and naka rates increased by ₹10-20. Arrivals to the Vashi market were about 63-64 truck loads and local dispatches were at 62-63 loads. The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,582-3,672 (3,582-3,672) and M-grade ₹3,662-3,825 (3,662-3,825). Naka delivery rates: S-grade ₹3,580-3,640 (3,560-3,630) and M-grade ₹3,610-3,740 (3,630-3,720).
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