Agri Business

Less demand drags sugar

Our Correspondent Mumbai | Updated on February 22, 2018 Published on February 22, 2018

 

Sugar prices declined by ₹20-30 on Thursday tracking weak mill tender rates led by higher selling pressure. Naka rates were steady.

On Wednesday about 15 mills offered tenders and sold about– 4,000 bags at ₹3,080-3,160 (₹3,100-3200) for S-grade and ₹3,170-3,270 (₹3,200-3,300) for M-grade.

On Bombay Sugar Merchants Association's spot rates were: S-grade ₹3,196-3,262 (₹3,200-3,280) and M-grade ₹3,286-3,460 (₹3,290-3,490). Naka delivery rates were: S-grade ₹3,130-3,230 (₹3,130-3,230) and M-grade ₹3,220-3,310 (₹3,220-3,310).

Published on February 22, 2018
This article is closed for comments.
Please Email the Editor