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Weak trend continued in sugar market on continuous selling by mills at discount amid limited demand.
At the Vashi market, spot prices dropped by ₹10-15 a quintal. Naka rates were steady. Arrivals were steady at 59-60 truck loads and local dispatches were at 58-59 loads.
The Bombay Sugar Merchants Association’s spot rates (in ₹): S-grade 3,209-3,421and M-grade 3,370-3,640. Naka delivery rates (in ₹): S-grade3,260– 3,400 and M-grade 3,360-3,560.
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