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Sugar prices fell marginally at the wholesale market this week following increased arrivals against restricted buying.
Sugar ready medium and second grade prices commenced on a steady note at Rs 2,950-3,075 and Rs 2,925-3,040 per quintal on some support. Subsequently, it met with resistance on increased arrivals and fell by Rs 15 to Rs 2,950-3,060 and Rs 2,925-3,040 per quintal.
Similarly, mill delivery medium and second grade prices commenced quiet at Rs 2,800-2,950 and Rs 2,790-2,930 dropped slightly to settle at Rs 2,800-2,940 and Rs 2,790-2,920, showing a loss of Rs 10 per quintal.
Among millgate excluding duty section, sugar kinnoni, titabi, dorala and budhana all eased by Rs 10 each to Rs 2,940, Rs 2,860, 2,850 and Rs 2,760 per quintal, respectively.
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