Retail buying supports sugar

Our Correspondent Mumbai | Updated on March 27, 2015 Published on March 27, 2015

B.LINE:Marketmen said sufficient supplies against sporadic demand mainly kept sugar prices steady at Khari Baoli,Wholesale Market ,( (WASHINGTON) February 27, 2013The Sugar Association takes seriously issues regarding the global prevalence of diabetes. However, it is difficult to reconcile the correlation drawn between sugar and diabetes in a new study, given the fact that Americans are consuming far less natural sugar today than we were for most of the last 100 years, with a dramatic 35 percent decline during the last 40 years, according to data from the U.S. Department of Agriculture. ) ,in the capital on 29.03.13 Pic: Kamal Narang

Vashi sugar market witnessed higher local offtake but prices remained range-bound and steady on back of millers’ selling. On the Bombay Sugar Merchants Association, S-grade increased by ₹14 while M-grade was up ₹4 on the lower side and declined by ₹10 on the higher side.

Naka rates were down for both qualities by ₹5-10. Mill tender prices were steady. Arrivals at Vashi market were 59-60 truck loads and local dispatches were about 62-63 loads. About 21-22 mills offered tenders and sold about 53,000-54,000 bags at ₹2,280-2,420 (2,280-2,420) for S-grade and ₹2,420-2,560 (2,420-2,570) for M-grade.

The BSMA spot rates: S-grade ₹2,450-2,581 (2,450-2,595) and M-grade ₹2,536-2,696 (2,532-2,706). Naka delivery rates: S-grade ₹2,400-75 (2,400-80) and M-grade ₹2,430-2,590 (2,430-2,600).

Published on March 27, 2015
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