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Sugar prices ruled flat at all levels on normal activities on Wednesday. Arrivals and local dispatches at the Vashi wholesale spot market was routine. Ample supply from producers and enough stocks at market kept activities limited. Naka and mill tender rates were also flat as volume remained lower . Arrivals were at 61-62 truckloads while local dispatches were at 60-61 loads. On Tuesday, 22-23 mills offered tenders and sold 43,000-45,000 bags compared with over 70,000 bags the previous session at a steady price of ₹2,560-2,660 for S-grade and ₹2,660-2,780 for M-grade.
The Bombay Sugar Merchants Association’s spot rates: S-grade ₹2,700-2,791 and M-grade was ₹2,812-2,952.
Naka delivery rates: S-grade ₹2,630-2,700 and M-grade ₹2,740-2,870.
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