A firm trend was witnessed in the sugar market on Friday on increased demand from Gujarat and Rajasthan. Mill tender rates were higher by ₹5-10 a quintal. On Thursday, 19-20 mills sold 68,000-70,000 bags at ₹3,110-3,170 (₹3,110-3,170) of S-grade and ₹3,170-3,240 (₹3,160-3,230) of M-grade. The Bombay Sugar Merchants Association's spot rates (₹/quintal): S-grade 3,260-3,322 (3,250-3,322) and M-grade 3,320-3,501(3,320-3,502). Naka delivery rates (₹/quintal): S-grade 3,220-3,260 (3,210-3,250) and M-grade 3,250-3,360 (3,240-3,350).

comment COMMENT NOW