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Bearish trend continued in sugar market . On Wednesday 20 mills sold about 25,000 bags at ₹2,910-2,970 a quintal for S-grade and M-grade at ₹2,990–3,070. On Bombay Sugar Merchants Association's spot rates were: S-grade at ₹3,072-3,222 and M-grade ₹3,120-3,382. Naka delivery rates were: S-grade ₹3,010- 3,100 and M-grade ₹3,080-3,200.
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