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Sugar prices continued their bearish trend at the Vashi market on need-based demand amid higher supplies from producing centres. Prices declined further by ₹5-10 a quintal taking total loss of ₹20-40 in last five days. Naka and mill tender rates were unchanged. Arrivals increased to 61-62 truck loads and local dispatches were at 60-62 loads. The Bombay Sugar Merchants Association’s spot rates: (in ₹) S-grade 3,156-3,250 and M-grade 3,242-3,450. Naka delivery rates: (in ₹) S-grade 3,090-3,205 and M-grade 3,165-3,360. Our Correspondent
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