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Sugar prices at Vashi continued to decline on Friday in line with drop in mill tender rates. Mills sold the commodity at ₹10-30 lower on Thursday evening, which was reflected in the spot market today.
Arrivals remained lower at 23-25 truckloads (each of 10 tonnes) and local dispatches were at 18-20 truckloads. The Bombay Sugar Merchants Association's spot rates (₹/quintal): S-grade 3,260-3,352 (3,266- 3,352) and M-grade 3,320-3,482 (3,336-3,490). Naka delivery rates.₹₹/quintal): S-grade 3,200-3,240 and M-grade 3,230-3,340.
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