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Sugar prices jumped by ₹25-35 at Vashi spot market on Thursday to a month high after less than expected quota declared for the new month Wednesday late evening. On Wednesday, 15-16 mills sold 38,000- 40,000 bags at ₹3,110-3,130 a quintal of S-grade and ₹3,130-3,180 of M-grade.
The Bombay Sugar Merchants Association spot rates : S-grade ₹3,210-3,252 and M-grade ₹3,226- 3,362. Naka delivery rates : S-grade ₹3,190-3,240 and M-grade ₹3,235-3,325.
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