Comments
Sugar prices at the Vashi wholesale market ruled mixed on Wednesday. Mill and naka rates continued to be steady on producers’ selling and need-based bulk and retail demand.
Arrivals at Vashi were about 43-45 truck loads (of 10 tonnes each) and local dispatches were at the same level. Inventories increased to about 90-95 truckloads. Freight rates were stable at ₹80-100 per bag.
On Tuesday evening, 17-18 mills offered tenders and sold about 48,000–50,000 bags at ₹3,150-3,210 for S-grade and ₹3,250-3,310 for M-grade.
The Bombay Sugar Merchants Association spot rates (₹/quintal): S-grade 3,312–3,362 and M-grade 3,400–3,542.
Naka delivery rates (₹/quintal): S-grade 3,250-3,320 and M-grade 3,370–3,420.
Comments
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.