Sugar prices remained depressed at the Vashi market on lessdemand due to continuous selling pressure from mills. Maharashtra’s mills sold the commodity at ₹30 lower on Saturday. Naka rates were steady.Arrivals at Vashi declined to 58-60 truck loads and local dispatches were at 55-56 loads. On Saturday evening, 15-16 mills offered tenders and sold about 28,000-30,000 bags at ₹2,850-2,930 for S-grade and ₹2,960-3,050 for M-grade. The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,055-3,162 and M-grade ₹3,156-3,352. Naka delivery rates: S-grade ₹3,000-3,090 and M-grade ₹3,085-3,175.
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