Commodities

Sugar continues steady gains

Our Correspondent Mumbai | Updated on October 22, 2019

 

The sugar market continued making steady gains on Tuesday as few mills sold their allocated quota amid the increase in freight rates by ₹5-10. On Saturday18-20 mills sold 54,000-55,000 bags at ₹3,130-3,220 of S-grade and ₹3,240-3,400 of M-grade. Bombay Sugar Merchants Association spot rates: S-grade ₹3,232-3,362 and M-grade ₹3,402-3,552. Naka delivery rates: S-grade ₹3,245-3,305 and M-grade ₹3,345-3,495.

Published on October 22, 2019

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