Higher reselling and selling pressure for delivery orders amid producers selling at lower rates kept the sugar market bearish on Wednesday. On Tuesday about 16 mills sold 44,000-45,000 bags at lower rates ₹2,980-3,060 for S-grade and ₹3,060-3,180 for M-grade. Naka delivery rates were: S-grade ₹3,120– 3,230 and M-grade ₹3,170-3,330.
Bears corner sugar market
Published on
June 13, 2018 16:05
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