Sugar prices showed a mixed trend at the Vashi wholesale market. Prices were fluctuating by ₹5-10 a quintal in line with quality.
Aarrivals were at 38-40 truck loads (of 10 tonnes each) and local dispatches too were at the same level. Inventories were at 80 truck loads. Freight rates were steady at ₹85-100 per bag.
On Thursday evening, 18-20 mills offered tenders and sold about 48,000-50,000 bags at ₹3,120-3,200 for S-grade and ₹3,220-3,300 for M-grade.
The Bombay Sugar Merchants Association spot rates (₹/quintal): S-grade 3,286-3,362 and M-grade ₹3,340-3,552 . Naka delivery rates (₹/quintal): S-grade 3,280-3,300 and M-grade 3,320-3,390.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.