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Sugar prices remained steady due to supply pressure at the Vashi market and at mill level on Wednesday. Prices were up by ₹10 a quintal for S-grade and declined by ₹20 for M-grade. Naka rates were up by ₹10-15 on eased reselling. Morale was steady. Arrivals declined to 57-58 truck loads and local dispatches were at 55-56 loads. The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,045-3,162 and M-grade ₹3,150-3,332. Naka delivery rates: S-grade ₹2,980-3,050 and M-grade ₹3,070-3,150.
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