Limited local demand due to continuous rains kept sugar prices at the Vashi wholesale market unchanged. Naka and mill tender rates were steady.
Arrivals were at 38-40 truck loads (of 10 tonnes each) and local dispatches, too, were at the same level. Inventory at Vashi was about 84-85 truck loads. Freight rates were steady at ₹80-100 per bag.
On Saturday evening, 18-20 mills offered tenders and sold about 64,000-65,000 bags at ₹3,130-3,220 for S-grade and ₹3,230-3,340 for M-grade.
The Bombay Sugar Merchants Association spot rates (₹/quintal): S-grade 3,310-3,372 and M-grade 3,400-3,602. Naka delivery rates (₹/quintal): S-grade 3,260-3,300 and M-grade 3,360-3,450.