Sugar continues to be in bear grip

Our Correspondent Mumbai | Updated on January 17, 2018 Published on January 17, 2018

Sugar prices decreased at the Vashi wholesale market today with mills selling the commodity at ₹20-30 a quintal lower amid slack bulk demand. Naka rates were steady with limited activities.

As majority of the mills kept their sell tender open, undercurrent of he market remained weak. Arrivals to the Vashi market were at 58-60 truck loads and local dispatches were at 59-60 loads.

The Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,140-3,230 and M-grade ₹3,235-3,532. Naka delivery rates: S-grade ₹3,125-3,300 and M-grade ₹3,170-3,400.

Published on January 17, 2018
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