Sugar prices on the Vashi market ruled steady on routine demand – supply. Naka and mill tender rates were also unchanged as stockists stayed away on back of enough stocks on hand.
Arrivals to the Vashi market was 58-60 truck loads while local dispatches were about 58-60 loads. Freight rates were steady.
On Monday, 11-12 mills offered tenders and sold about 23,000-25,000 bags (of 100 kg each) at ₹2,980-3,050 (2,980-3,050) for S-grade and ₹3,000-3,130 (3,000-3,130) for M-grade.
The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,100-90 (3,100-92) and M-grade ₹3,182-3,302 (3,182-3,302). Naka delivery rates: S-grade ₹3,080-3,150 (3,080-3,150) and M-grade ₹3,150-3,225 (3,150-3,225).