The sugar market witnessed steady trend as mills were not keen on selling at lower rates on hopes next week’s meeting in Delhi would result in increased production assistance to cane farmers and transport subsidy to exporting mills.
On Wednesday, 17-18 mills sold 34,000-35,000 bags at ₹3,000-3,070 of S-grade and ₹3,080-3,180 of M-grade. Naka delivery rates: S-grade ₹3,120-3,180 and M-grade ₹3,170-3,280. .