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Sugar prices witnessed small ₹5-10 decline at Vashi on ease in physical demand amid renew reselling pressure. On Monday about 14-15 mills offered tenders and sold approximately 24,000-25,000 bags at ₹3,840- 3,890 (₹3,840-3,890) for S-grade and ₹3,900-3,960 (₹3,900-3,960) for M-grade.
On Bombay Sugar Merchants Association's spot rates were : (in ₹) S-grade 3,956-4,022 (3,960-4,022) and M-grade was 4,022-4,250 (4,022- 4,250).Naka delivery rates were: S-grade (in ₹) 3,940-3,990 (3,940-4,000) and M-grade 4,000-4,050 (4,000-4,060).
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