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Sugar prices extended their gain for the second consecutive day, on the back of firm mill tenders, amid tight freight rates. At Vashi on Monday, spot rates went up by ₹20-25 and naka prices increased by ₹10-12. Mill sold commodity ₹10-20 higher despite routine volumes. Arrivals at Vashi were about 61-62 truck loads and local dispatches were at same level. On Saturday evening 13–14 mills offered tenders, and sold about 38,000–40,000 bags at ₹3,400-3,500 for S-grade and ₹3,520–3,620 for M-grade.
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