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The sugar market ruled steady on Monday as mills continued selling at prevailing rates despite a lower quota declared for January. Bombay Sugar Merchants Association’s spot rates: S-grade ₹3,026-₹3,072 (₹3,026-₹3,072) and M-grade ₹3,060-₹3,220 (₹3,060-₹3,220). Naka delivery rates were: S-grade ₹3,000-₹3,048 (₹3,000-₹3,048) and M-grade ₹3,019-₹3,133 (₹3,019-₹3,133).
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