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The sugar market witnessed a steady trend for the fifth consecutive day on higher selling pressure amid need-based bulk and retail demand.
On Thursday 18-20 mills sold 38,000-40,000 bags at ₹3,100-3,200 a quintal of S-grade and ₹3,200-3,360 of M-grade. Bombay Sugar Merchants Association spot rates: S-grade ₹3,202-3,342 and M-grade ₹3,416-3,562. Naka delivery rates: S-grade ₹3,200-3,280 and M-grade ₹3,350-3,475.
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