Comments
Bullish trend continued in sugar market for the sixth consecutive day. Producers were selling at ₹30-40 a quintal higher lifting the spot rates. Naka rates were steady. Arrivals to the Vashi market were at 60-61 truck loads and local dispatches were at 59-60 loads. On Tuesday evening, 15-16 mills offered tenders and sold about 56,000-58,000 bags at ₹2,800-80 (2,790-2,840) for S-grade and ₹2,880-2,950 (2,850-2,920) for M-grade.
The Bombay Sugar Merchants Association’s spot rates: S-grade ₹2,896-2,962 (2,842-2,962) and M-grade ₹2,950-3,072 (2,916-3,062). Naka delivery rates: S-grade ₹2,840-2,900 (2,840-2,900) and M-grade ₹2,930-3,030 (2,930-3,030).
Comments
COMMENT NOW
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.