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Despite the possibility of early closing of cane crushing in Maharashtra, sugar prices remained range-bound with a steady trend.
On Monday, 10-12 mills sold 24,000-25,000 bags at ₹3,110-3,220 a quintal for S-grade and ₹3,200-3,400 for M-grade. The Bombay Sugar Merchants Association spot rates: S-grade ₹3,242-3,375 and M-grade ₹3,390-3,582. Naka delivery rates: S-grade ₹3,255-3,305 and M-grade ₹3,275-3,475.
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