Sugar market rules positive

Our Correspondent Mumbai | Updated on December 24, 2019 Published on December 24, 2019

Sentiments in the sugar market ruled positive on improved demand for the fine and bold quality. At Vashi, the prices remained range bound but at the naka level, they extended gains by ₹15. On Monday 18–20 mills sold 44,000 – 45,000 bags at ₹3,110–3,220 (₹3,110-3,210) a quintal of S-grade and ₹3,200-3,400 (₹3,200 –3,380) of M-grade. Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,242-3,396 (₹3,232-3,392) and M-grade ₹3,282-3,602 (₹3,282-3,602).

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Published on December 24, 2019
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