Mixed trend in sugar

Our Correspondent Mumbai | Updated on January 16, 2018 Published on December 29, 2016

Sugar prices at Vashi ruled mixed and remained stable at naka and mill level on routine demand. Mills continued selling at prevailing prices with smaller discount as per quality. As supply from producers remained ample and local demand was subdued, volatility was thin. Arrivals and local dispatches were at par with no change in freight rates. The Bombay Sugar Merchants Association’s spot rates:S-grade ₹3,632-3,692 (3,620-3,700) and M-grade ₹3,682-3,922 (3,680-3,922). Naka delivery rates: S-grade ₹3,600-3,650 (3,600-3,650) and M-grade ₹3,650-3,740 (3,650-3,740).

Published on December 29, 2016
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